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Human Settlements Minister Mmamoloko Kubayi has tabled her department’s Budget Vote for the 2022/23 financial year at a time when there is rising demand for reform on housing delivery and...
The delay of emergency-generation capacity projects – all part of the Risk Mitigation Independent Power Producers Procurement Programme (RMIPPPP) – because of the powership court case, will not...
The National Treasury on April 1 launched its Republic of South Africa (RSA) Retail Savings Bonds Top-Up facility, offering applicants and savings groups the ability to invest with an opening...
Public Works and Infrastructure Minister Patricia de Lille reports that “notable progress” has been made by the Department of Public Works and Infrastructure (DPWI) on paying unpaid invoices from...
Global finance organisation the International Monetary Fund (IMF) has an important role to play in supporting South Africa’s just transition away from fossil-fuel dependence, independent think-tank...
In spite of South Africa’s construction sector being one of the country’s slowest-growing sectors of the last decade, economic consultancy Econometrix chief director and economist Dr Azar Jammine...
The Social Housing Regulatory Authority (SHRA) has said it is “encouraged” by government’s commitment to the development of social housing across South Africa, following Finance Minister Enoch...
The City of Johannesburg (CoJ) has passed its Adjustment Budget through its Council to see it through to the end of the 2021/22 financial year in June. The CoJ says the Adjustment Budget is, in...
Fitch Ratings, one of the big three ratings agencies on which SA depends for its credit rating, has expressed doubt that Treasury has the ability to contain government spending pressures following...
Expenditure on economic development will increase at an average annual rate of 8.5% over the next few years, from R201-billion in 2021/22 to R256-billion in 2024/25, the National Treasury revealed...
Finance Minister Enoch Godongwana has announced that the National Treasury will launch a new business bounce-back scheme to support small and medium-sized enterprises (SMEs) that remain in distress...
Government has extended the first phase of South Africa’s Carbon Tax by three years to December 31, 2025, in an effort to support businesses in their clean transition endeavours. This means that...
There will be no increase in either the general fuel levy or the Road Accident Fund (RAF) levy in 2022/23. The National Treasury has, instead, turned its focus to providing an overall R5.2-billion...
Finance Minister Enoch Godongwana has reiterated his commitment to clamp down on State-owned entities (SOEs) that are draining the fiscus with bailouts. Delivering his Budget 2022 speech on...
Finance Minister Enoch Godongwana insists South Africa’s fiscal sustainability tide is turning but also signalled on Wednesday that government is considering the introduction of a new “fiscal...
Finance Minister Enoch Godongwana confirmed that Eskom will receive a further R88-billion in government support until 2025/26 and that a comprehensive debt solution was still being explored for the...
A government study is currently under way to explore alternative support for the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the National Treasury states in its...
Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the highlights of Finance Minister Enoch Godongwana's maiden Budget speech.
Ahead of Finance Minister Enoch Godongwana’s budget speech on February 23, University of Stellenbosch Business School economist Andre Roux says it would be “premature and foolhardy” to interpret...
Hospitality industry representative body the Federated Hospitality Association of South Africa (Fedhasa) reports that South Africa’s tourism and hospitality industry hopes to receive greater...
Government and Statistics South Africa (Stats SA) are encouraging anyone within the borders of South Africa to cooperate with census field workers and representatives as Stats SA performs the 2022...
Sugarcane farmers received about R60-million worth of premium price payments on January 31 as agreed by the Small-Scale Grower Masterplan Task Team in accordance with the process laid out in the...
Finance Minister Enoch Godongwana will table the national budget on 23 February, 2022. The ministry of finance on Thursday issued an advisory - highlighting that this would be the minister's...
Although the rand ended 2021 “on the back foot” at R15.89/$, the Omicron variant of Covid-19 will remain a significant unknown in the financial market for 2022 as it is proving to be more...
The National Treasury reports that, on aggregate, municipalities spent 21.5% (R111.9-billion) of the total adopted expenditure budget of R521.3-billion for the first quarter of the 2021/22...
Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the key highlights from Finance Minister Enoch Godongwana's maiden mini-Budget, the spending pressures ahead...
The country requires a continued focus on stabilising the nation’s public finances and, most importantly, the critical need to implement more aggressive structural and institutional reforms that...
Finance Minister Enoch Godongwana indicated on Thursday that government regarded the revenue windfall that had arisen as a result of higher commodity prices as temporary and confirmed that fiscal...
Government’s rising debt service costs, at about R1-trillion over 2022/23 to 2024/25, is crowding out spending on service delivery functions. Debt service costs will, on average, consume 21c of...
Finance Minister Enoch Godongwana offered no new insight in his maiden address to lawmakers into how government intended approaching the issue of Eskom’s R400-billion debt burden, which has been...
Agricultural industry organisation Agri SA says the Medium Term Budget Policy Statement (MTBPS) to be delivered by Finance Minister Enoch Godongwana on November 11 should address structural...
Money pooled by the Department of Trade, Industry and Competition (DTIC), the Industrial Development Corporation (IDC), the National Empowerment Fund and the Solidarity Fund to address disruption...
A 25 Mℓ reservoir on Dann road in Glen Marais, Kempton Park, in Gauteng, has still not been commissioned, despite being completed in November 2018 at a cost of about R48-million. Almost three years...
Little can be done to drive an economic recovery without a clear understanding between business and government, says Business Leadership South Africa CEO Busi Mavuso, who joined other business...
Despite the global economy having performed strongly in the first half of the year, global economic activity has peaked and is starting to face several headwinds, says financial risk management,...
After South Africa, Namibia, through its Namibian Stock Exchange, is the second African country to issue a green bond after signing up to the United Nations’ (UN’s) sustainable stock exchanges...
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