Latest articles on Budget Deficit

Mboweni plans to freeze public sector wage increases for the next three years

The mid-term budget policy statement delivered by the finance minister proposes cutting all non-interest spending by R300-billion.

SA’s current account deficit widens

The deficit came after seven consecutive quarterly surpluses.

Zuma budget hole leaves SA with tough decisions on tax

With growth in SA lagging that of peers after a second recession in less than a decade, tax collections have dwindled

Gigaba gives markets the jitters

His mini-budget speech promised a lush harvest, but analysts say a famine of ideas and a drought of solid assurances failed to convince investors

Nene may abandon deficit targets as downgrade threat looms

With the nation's credit rating in terrible shape, SA's finance minister may be forced to downgrade growth and tax forecasts in his mid-term budget.

Nene: SA to curb debt growth as economy weakens

The finance minister said government is committed to lowering the budget deficit but a sluggish economic growth outlook will present a challenge.

SA collects more tax revenue than expected

South Africa will confidently meet its budget deficit target of 4% GDP after the revenue service exceeded its tax target.

SA debt climbs as Gordhan pledges spending curbs

South Africa's debt will make up 48% of the gross domestic product in the medium term, a pace which one economist describes as "frightening".

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Pay-TV inquiry probes the Multichoice monopoly

Africa’s largest subscription television operator says it is under threat amid the emerging popularity of global platforms like Netflix and Amazon Prime

Covid-overflow hospital in ruins as SIU investigates

A high-level probe has begun into hundreds of millions of rand spent by the Gauteng health department to refurbish a hospital that is now seven months behind schedule – and lying empty

​No apology or comfort as another Marikana mother dies without justice

Nomawethu Ma’Bhengu Sompeta, whose funeral will be held this weekend, was unequivocal in calling out the government for its response to the Marikana massacre

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