Finance Minister Enoch Godongwana said ending blackouts is at the top of the government’s priorities as the country grapples with tough economic conditions
Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around
Eskom debt down R5.5bn, but balance sheet pressure is high
The ANC’s reaction to the Zondo findings was a precursor of its attitude to the Ngcobo ‘Farmgate’ report
The department’s minister, Stella Ndabeni-Abrahams, said small businesses are expected to propel economic growth
The minister said there may be different styles depending on the candidates, but the party’s policies will not waver
The power utility can no longer pay its suppliers but a short-term solution is in place while the treasury comes up with a payment solution
The government has tried to exploit negative sentiment towards public sector workers, but siding with the employer may be even more difficult
Economist don’t expect an upgrade anytime soon, but the country is in a better position to claw back its investment grade rating
Five years is a long time, especially in politics, something
the Kroonstad Crooner should have remembered
Labour has been on the receiving end of a failing economy’s onslaught, giving a business-friendly government the upper hand
Policymakers have been warned to remain disciplined as economies navigate headwinds — no matter how much it hurts
Critics of fiscal consolidation warned that spending cuts would harm an already fragile economy
The Reserve Bank governor has cautioned against ‘reckless’ fiscal and monetary policies amid global shocks
Fiscal consolidation is drawing to a close as the public purse was boosted by commodities, but the treasury will probably continue exercising restraint
A healthier public purse could signal better days ahead, but a lot remains to be seen
The minister’s medium-term budget policy statement had to balance the fiscal risk of state-owned entities and the threat their collapse posed for the economy
The medium-term budget policy statement has received criticism and praise from civil society
After a small increase in the MTBPS, there will be further allocations for the NPA and the fight against financial crime in the 2023 budget
The treasury warns that helping the ailing power utility clear its staggering debt won’t fix all its problems
With a take-over of Eskom’s debt looming, the finance minister found no indulgence for other struggling parastatals
This is as a strike looms in the public sector after some unions have rejected the government’s offer of a 3% wage hike
The finance ministry confirmed that it is still mulling whether and how to replace the interim measure with a basic income grant
The state is set to achieve a primary budget surplus a year earlier than expected
Eskom, Transnet and the public sector wage bill will feature large in next week’s medium-term budget policy statement
The power utility, already burdened by a debt of R396‑billion, has taken on a R9-billion loan from the World Bank, causing economists to warn of tariff hikes
The industrial action is the latest in a series of economy-hitting upsets for the state logistics company
Food prices are too high for some households to bear but more targeted relief might have a greater impact
Workers are in the throes of a cost of living crisis, which could force the government to fold on its hard line against more spending
Transnet says it can’t afford to pay employees more
So far, the government has merely passed the buck and failed dismally to create any coordinated response to the issue.
President tells summit the challenges are clear and local government must do what needs to be done as service delivery falters