Budget
latest news & developmentsStability is not the destination. It is the foundation.
Fiscal discipline, reform momentum and the role of private capital South Africa’s 2026 Budget arrives at a moment defined by both volatility and cautious optimism. National…
Budget: debt peaks but growth lags
The projected economic growth trajectory remains insufficient to address structural unemployment
Economists split on whether 2026 budget marks a real turning point
The growth outlook is insufficient to alter unemployment dynamics, some argued
South Africa to earmark R1.58 trillion towards social services
National treasury officials said the costing for the deployment of soldiers in crime-affected areas — as announced by President Cyril Ramaphosa, his Sona, had not yet been done
South Africa’s economy to grow by 1.6% in 2026 from 1.4% last year
Over the next three years, growth is projected to average 1.8% and reach 2% by 2028
IMF expects Godongwana to maintain budget surplus target of 1.5% of GDP
The global lender said controlling the public sector wage bill would be critical and commended the government’s plans to address inefficiencies and provide incentives for early…
Public sector wage bill must be contained – but not by DOGE methods
Pressure can be relieved in a number of ways such as cutting consultants and reducing staffing in non-core areas such as state-owned entities, as well as ministerial office staff
Budget: Building economic resilience through three strategic interventions
Three actions — debt reduction, a youth solidarity tax and limiting increases in public-sector salaries — that could lead to sustainable prosperity
SA must establish a clear separation of powers between the executive and parliament
Given the shaky coalition government, two sections in the Constitution appear to create a quandary regarding ministers actions in the cabinet
Editorial: Budget 3.0 and another coalition court battle
It is high time for policy reckoning in the GNU
There can be no repeat budget bungle
The saga reflected political sniping and the inability of parties in the government of national unity to cooperate
Budget: Why a VAT increase is the least bad option
The Gold and Foreign Exchange Contingency Reserve Account is not a piggy bank that can be used to solve South Africa’s fiscal problems.
Why South Africa’s VAT hike risks worsening poverty
Increasing value-added tax shifts the weight of systemic dysfunction to households already buckling under the pressure of inflation and economic exclusion.
South Africa’s political parties are fighting the wrong budget battle
They need to stop squabbling about how much we tax or borrow and concentrate on how effectively we spend.
Brinkmanship in GNU devastating for SA
The Trump factor, plus the ANC and the DA playing to the brink, has cost the country R1 trillion