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National Treasury

Godongwana holds better budget cards but economic recovery remains inadequate
Business
/ 25 February 2026

Godongwana holds better budget cards but economic recovery remains inadequate

Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth

By Brian Sokutu
Future of SRD grant uncertain, treasury says
Business
/ 7 January 2026

Future of SRD grant uncertain, treasury says

The Universal Basic Income Coalition said the government’s proposals to link the grant to employment-related conditions could exclude eligible beneficiaries

By Marecia Damons
Mmusi Maimane demands a full cost breakdown for South Africa’s G20 Summit
Politics
/ 21 November 2025

Mmusi Maimane demands a full cost breakdown for South Africa’s G20 Summit

The chairperson of parliament’s standing committee on appropriations wants an updated breakdown of the hosting costs, warning that the summit must not pressure the national budget

By Sheree Bega
Clinics short-staffed after Pepfar funding cuts
Health
/ 19 October 2025

Clinics short-staffed after Pepfar funding cuts

According to a survey, 85% of managers reported that their clinics faced staffing shortages, though only one in five blamed these on the US President’s Emergency Plan For Aids Relief cuts

By Liezl Human
Zille vs Mbalula: How the DA’s ultimatum toppled Nkabane
Politics
/ 25 July 2025

Zille vs Mbalula: How the DA’s ultimatum toppled Nkabane

Democratic Alliance’s Helen Zille cornered the ANC’s Fikile Mbalula with the ultimatum to axe the minister or lose DA support on budget votes

By Mandisa Nyathi
‘Arrogance led to her fall’: Political parties react to Nkabane’s axing
Politics
/ 22 July 2025

‘Arrogance led to her fall’: Political parties react to Nkabane’s axing

The parties said the higher education minister’s dismissal was a vital step towards restoring accountability amid governance failures and allegations of political interference

By Mandisa Nyathi
Reserve Bank cuts rate by 25 basis points to 7.25%
Business
/ 29 May 2025

Reserve Bank cuts rate by 25 basis points to 7.25%

The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy

By Aarti Bhana
Budget 3.0 tentatively accepted by some political parties
Politics
/ 21 May 2025

Budget 3.0 tentatively accepted by some political parties

The EFF criticises it as ‘unimaginative’ and not benefiting poorer South Africans, while the DA calls it a step towards ending ‘unchecked government spending’

By Mandisa Nyathi
Budget 3.0 – Godongwana’s last shot
National
/ 20 May 2025

Budget 3.0 – Godongwana’s last shot

Now that a VAT increase has been ruled out, the finance minister must find another way to plug a R75bn gap or risk collapsing public services and investor confidence

By Mandisa Nyathi
Faster reforms will spur faster growth: Ramaphosa
National
/ 7 May 2025

Faster reforms will spur faster growth: Ramaphosa

The president and the national treasury launched phase two of Operation Vulindlela on Wednesday, expanding its focus areas

By Emsie Ferreira
Godongwana holds firm amid pressure to resign over budget
Politics
/ 1 May 2025

Godongwana holds firm amid pressure to resign over budget

The finance minister says his U-turn on a VAT hike was a collective decision of the government of national unity

By Mandisa Nyathi
Budget consultation could stabilise GNU: Godongwana
Business
/ 30 April 2025

Budget consultation could stabilise GNU: Godongwana

Godongwana promises fiscal prudence in his new budget but the growth forecast may change

By Emsie Ferreira
VAT battle is over but coalition crisis continues
Politics
/ 24 April 2025

VAT battle is over but coalition crisis continues

Meetings are due in coming days and weeks to undo the damage after the finance minister caved on the tax increase

By Emsie Ferreira
Parties hail VAT reversal as ANC admits budget vote missteps
Politics
/ 24 April 2025

Parties hail VAT reversal as ANC admits budget vote missteps

The Democratic Alliance has claimed credit for the about-turn by the treasury on the tax, saying its legal team had presented a strong case against the flawed parliamentary process used to adopt the fiscal framework

By Nkateko Joseph Mabasa
VAT to remain at 15% after Godongwana caves
Politics
/ 24 April 2025

VAT to remain at 15% after Godongwana caves

The finance ministry in a midnight announcement said the decision was informed by consultations with political parties

By Emsie Ferreira
Godongwana tells court VAT increase cannot be interdicted
National
/ 17 April 2025

Godongwana tells court VAT increase cannot be interdicted

Amending his proposal at this stage would force more borrowing, the minister warned in papers filed in response to the DA

By Emsie Ferreira
Godongwana defends his VAT hike to parliamentary committees
Politics
/ 14 March 2025

Godongwana defends his VAT hike to parliamentary committees

A hostile response signals the start of the treasury’s struggle to avoid amendments to the 2025 budget

By Emsie Ferreira
Budget 2.0: Political parties divided over VAT hike, albeit lower than initial proposal
Politics
/ 13 March 2025

Budget 2.0: Political parties divided over VAT hike, albeit lower than initial proposal

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority

By Mandisa Nyathi
Steenhuisen reiterates DA opposition to tax hikes
Politics
/ 12 March 2025

Steenhuisen reiterates DA opposition to tax hikes

His party would have yielded if any increases were guaranteed to be temporary and tied to an overhaul of state spending patterns

By Emsie Ferreira
Godongwana: We looked at every alternative to VAT hike
Business
/ 12 March 2025

Godongwana: We looked at every alternative to VAT hike

The finance minister suggests that much of the opposition wrangling is part of a broader political battle

By Emsie Ferreira
Godongwana clings to VAT increase but halves initial proposal
Business
/ 12 March 2025

Godongwana clings to VAT increase but halves initial proposal

The minister conceded that the measure did not have support across the political spectrum

By Emsie Ferreira
No allocations for Pepfar in health budget
Business
/ 12 March 2025

No allocations for Pepfar in health budget

The recent termination of USAid to HIV/Aids and TB organisations in South Africa was a bone of contention in the 2025 budget

By Aarti Bhana
Budget impasse down to the wire
Politics
/ 7 March 2025

Budget impasse down to the wire

Any VAT increase is probably off the table, leaving the treasury to look for revenue without bringing the coalition to the brink

By Emsie Ferreira and Aarti Bhana
Cabinet says it has reached an agreement on budget
Business
/ 4 March 2025

Cabinet says it has reached an agreement on budget

The finance minister now has to choose from several options presented by a task team to draw up a budget

By Mandisa Nyathi
Cabinet invokes Public Finance Management Act to justify historic budget delay
Politics
/ 27 February 2025

Cabinet invokes Public Finance Management Act to justify historic budget delay

Minister in the Presidency Khumbudzo Ntshavhenini said the postponement was necessary to address funding challenges within a constrained fiscal environment

By Mandisa Nyathi
Budget that did not happen becomes a crisis that should never happen
Politics
/ 21 February 2025

Budget that did not happen becomes a crisis that should never happen

Analysts say the budget became a cliffhanger because it was written as though the ANC still governed on its own

By Emsie Ferreira and Lyse Comins
How coalition discord damned the budget
National
/ 19 February 2025

How coalition discord damned the budget

The DA has upped the ante in its demands for consultation on every point of government policy, although ANC ministers also opposed a planned VAT increase

By Emsie Ferreira and Lyse Comins
Ithala liquidation: Government guarantees depositors’ funds
National
/ 20 January 2025

Ithala liquidation: Government guarantees depositors’ funds

The bank said the closure threatens 400 jobs

By Khethukuthula Xulu
A guide to cryptocurrencies in South Africa: crypto exchanges and regulation explained
Partner Content
/ 5 November 2024

A guide to cryptocurrencies in South Africa: crypto exchanges and regulation explained

Crypto exchanges are like marketplaces for cryptocurrencies, allowing users to buy, sell, trade and store their crypto holdings

By Partner Content
Pragmatic, pinched budget statement dampens growth hopes
Business
/ 31 October 2024

Pragmatic, pinched budget statement dampens growth hopes

Finance minister Enoch Godongwana forecast 1.8% growth over three years, coupled with a bigger deficit, as debt service costs crowd out fiscal space

By Emsie Ferreira and Anathi Madubela
Treasury finds R95 million for SA’s genocide case against Israel
Business
/ 30 October 2024

Treasury finds R95 million for SA’s genocide case against Israel

The funds have been allocated to the departments of justice and international relations to cover their costs in bringing the case before the International Court of Justice

By Emsie Ferreira
Mid-term budget: Godongwana introduces early retirement plan
Business
/ 30 October 2024

Mid-term budget: Godongwana introduces early retirement plan

An amount of R11 billion will be set aside to allow people early exit from public service

By Anathi Madubela
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