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Mail & Guardian
national debtlatest news & developments
Staying put: Finance Minister Enoch Godongwana is under pressure from some political parties to resign over the VAT drama and the national budget. (Dwayne Senior/Bloomberg via Getty Images)
BUDGET

Opposition parties criticise Godongwana over public sector wage bill, state-owned enterprises

The finance minister’s reduction in corporate income tax and allocations to education, health, social development, justice and police have been welcomed

  • Anathi Madubela
3 min read
Government debt places a huge burden on taxpayers to fund service delivery. (Adrien Barbier/ AFP)
DEMOCRATIC REPUBLIC OF CONGO

Why debt is a human rights issue

Many SADC countries are using scarce resources to service loans instead of offering public services

  • Deprose Muchena
5 min read
The current inland price for a litre of 95 octane unleaded petrol is R14.08. From Wednesday, this will rise to R14.82 per litre. (Delwyn Verasamy/M&G)
DEBT CRISIS

Petrol, toll fees to add to consumer debt burden

The department of energy announced that petrol prices would increase 49c/l on May 2, while diesel will increase by 59c/l at most

  • Fin1
2 min read
COLLINS CHABANE

State’s debt to municipalities estimated at R64-billion

A government committee has been formed to help municipalities recover debt the national government owes them, which could be as much as R64-billion.

  • Paul Vecchiatto
1 min read