National Treasury
latest news & developments
Treasury cuts Johannesburg's July transfer over compliance failures
The National Treasury has withheld a portion of the City of Johannesburg's July 2026 equitable share, citing serious concerns over the metro's financial management, governance,…
Mathjabeng in financial freefall
The Free State municipality is facing severe fiscal distress, with liabilities exceeding R5.8bn and a R871.6 million deficit, says Auditor General Tsakani Maluleke
Editorial: IDC decline should be arrested
Let us be fair: allegations of a deteriorating corporate culture within the institution remain just that—allegations—until proven otherwise. However, the issues presented to us…
‘We have the skills but not the system’: Water Institute of Southern Africa on SA’s wastewater crisis
Nearly half of South Africa’s wastewater treatment plants are in a critical state, with untreated sewage polluting rivers and dams
Transnet grilled in parliament over debt, governance failures and audit concerns
Transnet faced intense scrutiny in Parliament as MPs raised concerns about rising debt, weak governance and persistent audit failures in spite of signs of recovery
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
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
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
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…
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
‘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
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
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’
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
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