Godongwana addresses complexities of budget formulation in challenging political climate

Siphelele Dludla|Published

Finance Minister Enoch Godongwana outlines the challenges faced in formulating South Africa's 2025 Budget amidst a fragmented political landscape, highlighting the ...

Navigating South Africa's Budget 2025: key decisions in a stagnant economy

Dieketseng Maleke|Published

Explore the challenges and decisions facing South Africa's Budget 2025 as economists debate the implications of fiscal policies amidst a stagnant economy.

Treasury slashes early retirement funding, limiting programme to 15 000 workers

Siphelele Dludla|Published

The National Treasury has significantly reduced the budget for the early retirement programme aimed at civil servants, revising it from R11 billion to R5. 5 billion. ...

Underwhelming Budget, but at least we have one now, analyst says

Ashley Lechman|Published

South Africa's Finance Minister Enoch Godongwana presents Budget 3. 0, addressing a 75 billion deficit amid concerns over increased debt and reduced expenditure. ...

Financial markets cheer as South Africa tables its National Budget after third attempt

Siphelele Dludla|Published

The National Treasury plans to cut R68 billion in government spending over the next three years, as outlined by Finance Minister Enoch Godongwana in the 2025 Budget ...

Hybrid Boost: Flexible work aids in tough economic times

Brandstories|Updated

A study by the International Workplace Group (IWG) reveals how CFOs see hybrid working as an essential cost-cutting measure.

South Africa's fiscal strategy: Navigating growth amidst budget cuts

Yogashen Pillay|Published

South Africa's National Treasury forecasts a modest GDP growth of 1. 7% amid significant budget cuts and fiscal challenges. Experts weigh in on the implications ...

CCMA proposes settlement to resolve UNTU and Transnet wage impasse

Yogashen Pillay|Published

UNTU confirms the CCMA's proposal for settlement in ongoing wage negotiations with Transnet, with a critical decision expected by 10 June 2025

South Africa's budget 3. 0: A year of fiscal upheaval and strategic changes

Ashley Lechman|Published

As the months slip into May, the fiscal landscape continues to evolve, presenting both challenges and opportunities for the economy.

Enoch Godongwana proposes inflation-linked fuel levy increase to bolster revenue

Dieketseng Maleke|Published

Finance Minister Enoch Godongwana announces an inflation-linked increase in the fuel levy, aiming to raise revenue and support essential public services amid economic ...

BUDGET: SA Canegrowers welcomes no increase in sugar tax

Ashley Lechman|Published

The association said it believes that Treasury should scrap the tax, to help ensure that government drives job creation and economic growth, as per its commitments ...

Economists caution against optimism in Treasury's 2025 Budget Review

Siphelele Dludla|Published

The National Treasury has significantly lowered South Africa's GDP growth forecast for 2025, citing a weaker global outlook and increased trade frictions.

Treasury denies further bailouts for South African Post Office amid financial struggles

Helmo Preuss|Published

The South African Post Office is grappling with severe financial difficulties, having received a R381 million bailout from the UIF TERS scheme. This article explores ...

Godongwana cuts R68bn from government spending as VAT remains at 15%

Siphelele Dludla|Published

The National Treasury plans to cut R68 billion in government spending over the next three years, as outlined by Finance Minister Enoch Godongwana in the 2025 Budget ...

Transnet may receive government guarantee for borrowing amid serious financial concerns

Helmo Preuss|Published

Transnet faces a potential liquidity crisis as Moody's warns of unsustainable capital structure and exhausted government guarantees. With a turnaround strategy in ...

Cosatu critiques Finance Minister's Budget as insufficient for economic growth

Ashley Lechman|Published

Cosatu expresses concerns over Finance Minister Enoch Godongwana's Budget, highlighting the need for more support for low-income earners and a call for a national ...

Treasury DG Duncan Pieterse thanks colleagues for their sterling effort

Helmo Preuss|Published

Treasury Director General Duncan Pieterse praises his team for their efforts in navigating budget challenges and fiscal consolidation, while Finance Minister Enoch ...

World Union of Wholesale Markets Conference highlights Africa's role in global food security

Ashley Lechman|Published

Industry leaders and government officials gathered in Johannesburg for the World Union of Wholesale Markets Conference, focusing on Africa's pivotal role in global ...

BUDGET: How Eskom plans to address its revenue gap

Helmo Preuss|Published

Eskom's financial landscape is shifting as it grapples with tariff increases and mounting municipal debt. This article explores the utility's recent revenue growth, ...