It faced budget cuts, the burden of an amended electoral system and a legal challenge from Jacob Zuma
The ANC chief whip denies the health law is an election ploy as court challenges loom and the DA dismisses it as a ‘populist lever’
Some consider the decision to tap the forex reserve as a sign that the state can be swayed by the left. But the ANC-led government knows exactly how to neutralise progressive forces
Commentators are cautiously positive about the treasury’s decision to use the Gold and Foreign Exchange Contingency Reserve Account
Taxpayers’ pain has its roots set in a history that the finance minister could not overcome
The 2024 budget is Duncan Pieterse’s first as director general. And he says the fiscal framework does not constitute a negotiating position
Additional funds have been allocated to pay teachers, doctors, nurses and police officers but productivity is not always commensurate with salaries
A proposed R6.9 billion is to be allocated over the next three years to prepare for the rollout of the system across the country
The incentive is aimed at encouraging investments in local production
The budget points to state-owned entity bailouts as a key driver of South Africa’s increasingly constrained fiscal position
The term’s of its extension beyond 2025 have yet to be agreed on, but the treasury has made provisional allocations for the grant
The South African Revenue Service has turned to salaried workers and professionals to buoy revenue collection but is also targeting multinationals posting profits abroad
The decision follows pressure from civil society and labour — as well as warnings that the treasury risks leaving the Reserve Bank in a precarious position
Minister of Finance, Enoch Godongwana, will present the 2024 Budget Speech at the Cape Town City Hall
The country’s jobs data comes the day before the tabling of what looks to be another tightly managed budget
The budget is expected to lay out plans to raise R15bn in revenue, amid a commodity-induced slump
In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity
Presidency spokesperson Vincent Magwenya said it would be unfortunate for SA/US relations if the bill comes to pass
The bipartisan bill accuses the ANC, President Cyril Ramaphosa and Naledi Pandor of anti-semitic statements
Ramaphosa’s State of the Nation speech will count in the long term, if he survives the elections, but it is too late to buy him voters, experts say
The industry has struggled in the face of energy and logistics constraints, but signs of progress have stirred cautious optimism
Investors will struggle to look beyond the country’s energy and logistics crises
The finance minister was speaking on a panel in Davos about the expansion of Brics
Finance Minister Enoch Godongwana noted that South Africa’s position on Israel’s occupation of Palestine has always been clear
The journey to full-blown austerity is marked by changes to an economy presided over by a government adrift
R22.8 billion will be used to tackle urgent liquidity matters, such as settling maturity debt
The Reserve Bank governor confirmed the central bank is in talks with the treasury over calls to tap the Gold and Foreign Exchange Contingency Reserve Account
Forensic investigator raises the alarm over the decision to hold an in-camera inquiry into the swindle in which investors lost billions and calls for the minister of finance to intervene
The minister was in hospital for a routine medical checkup, according to his department
Finance Minister Enoch Godongwana has been battling illness
Joy Basu said the US wants women owned business to benefit more from Agoa
A senior treasury official told MPs the intention was not to close the widening deficit through higher personal income taxes