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
Three actions — debt reduction, a youth solidarity tax and limiting increases in public-sector salaries — that could lead to sustainable prosperity
Given the shaky coalition government, two sections in the Constitution appear to create a quandary regarding ministers actions in the cabinet
It is high time for policy reckoning in the GNU
The saga reflected political sniping and the inability of parties in the government of national unity to cooperate
The Gold and Foreign Exchange Contingency Reserve Account is not a piggy bank that can be used to solve South Africa’s fiscal problems.
Increasing value-added tax shifts the weight of systemic dysfunction to households already buckling under the pressure of inflation and economic exclusion.
They need to stop squabbling about how much we tax or borrow and concentrate on how effectively we spend.
The Trump factor, plus the ANC and the DA playing to the brink, has cost the country R1 trillion
South Africans have, in recent years, looked beyond the ANC in hope of finding new voices capable of holding the line on spending and corruption. Instead, what they have received is a bewildering capitulation and weak opposition
The ANC has bought itself time to decide whether to expel its constantly restive coalition partner
Real estate investment trusts are booming, reporting strong results for the interim period ending December
This is a moment that calls for strong leaders and a united nation. Right now, we don’t have either
The ANC has so far rejected conditions on which the DA would agree to support Finance Minister Enoch Godongwana’s 0.5 percentage point VAT increase for the coming fiscal year
The 2025 budget reflects a measured outlook on the energy landscape, highlighting progress that has been made and lingering problems
The recent drama over the budget spotlights the need to scrutinise our financial institutions, the treasury in particular
Divisions in the party have emerged over VAT hikes, coalition negotiations, and fiscal policy strategies
First steps are prioritising people over politics, sustainable urban planning and cutting corruption
The International Commodity Summit 2025 has raised concern with regards to South Africa’s 2025’s Budget Review, and notes that the country needs to employ a growth strategy in order to promote economic growth. This year’s budget saw a mild near-term fiscal slippage with a weakening in government’s debt to GDP projections and fiscal deficits, but […]
Budget approval hangs in the balance and resistance to it is set to play out in the legislature’s finance committees
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances
The recent termination of USAid to HIV/Aids and TB organisations in South Africa was a bone of contention in the 2025 budget
Budget choices must empower the poor and end socio-economic exclusion
The chairs of parliament’s finance committees say the country is on a fiscal cliff and the minister has to make difficult choices in his budget this week
The problem isn’t value-added tax – it’s relentless taxation amid financial mismanagement
The finance minister now has to choose from several options presented by a task team to draw up a budget
The Democratic Alliance has suggested cutting government budgets for advertising, travel and catering, and a freeze on hiring for non-essential positions to make up the budget shortfall
The auditor general recently commented in her audit report that Cape Town is exceeding every target for service delivery in townships
When the municipality allocates its budget, it spends proportionally far more on the rich than the poor areas
Debt service costs and civil servant wages account for 61% of total government spending, reducing budgets for, say, education, infrastructure and health
South Africa has a R2 trillion budget to fix the economy. It’s a big ask
Taxpayers’ pain has its roots set in a history that the finance minister could not overcome