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Public Sector Wage Bill

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Public sector wage bill 2023

Public sector wage bill must be contained – but not by DOGE methods

Pressure can be relieved in a number of ways such as cutting consultants and reducing staffing in non-core areas such as state-owned entities, as well as ministerial office staff

Finance Minister Enoch Godongwana. Photographer: Dwayne Senior/Bloomberg via Getty Images

Social wage bill consumes R1.2 trillion of government revenue

Additional funds have been allocated to pay teachers, doctors, nurses and police officers but productivity is not always commensurate with salaries

Finance Minister Enoch Godongwana.

Godongwana sticks to fiscal consolidation rule book

The minister underlined that in the wake of efforts to grow the economy, the government must respect budget constraint

South Africa’s treasury is guilty of bad budgeting, and its budgets are criminally incongruous with the vision, policy objectives and goals of the 2012 National Development Plan. (David Harrison/M&G)

Treasury: Brace for trade-offs after public sector wage deal

To rein in spending, the government will have to restrict recruitments and delay certain projects

Nehawu members protest outside George Tabor Technical College in Soweto on 8 March 2023. (Fani Mahuntsi/ Gallo Images)

Public sector crunch inflicts pain

The government is walking a tightrope as civil servants embark on industrial action over pay

Finance Minister Enoch Godongwana. (Dwayne Senior/Bloomberg via Getty Images)

Eskom bailout delays government’s efforts to stabilise debt

However, the treasury still expects the country to achieve a main budget surplus from this year onwards

SAMWU Strike in Tshwane. Photo: Supplied

Public sector strike: Government’s ‘power play’ and why we should worry

Labour has been on the receiving end of a failing economy’s onslaught, giving a business-friendly government the upper hand

Finance Minister Enoch Godongwana. (David Harrison/M&G)

Controversial government spending cuts ‘paid off’

Fiscal consolidation is drawing to a close as the public purse was boosted by commodities, but the treasury will probably continue exercising restraint

According to the medium-term budget policy statement, tabled by Finance Minister Enoch Godongwana on Wednesday, if the wage agreement exceeds the available budget, “it would pose a significant risk to the in-year and medium-term fiscal projections”.

Mini-budget flags public sector wage bill — again

This is as a strike looms in the public sector after some unions have rejected the government’s offer of a 3% wage hike

File photo by Delwyn Verasamy, M&G

Cosatu strike imminent as wage negotiations collapse

Cosatu unions have declared a dispute and have accused the government of undermining collective bargaining

Crunch time: Finance Minister Enoch Godongwana (left) will deal with Eskom’s debt of almost R4-billion. President Cyril Ramaphosa (right) has said the treasury is working on a sustainable solution for the debt.

What analysts will be watching out for at the mini budget

Eskom, Transnet and the public sector wage bill will feature large in next week’s medium-term budget policy statement

South Africa is braced for a public sector strike, which, if all goes to plan, would be the largest in more than a decade. Photo: Delwyn Verasamy

Public sector strike will come at a cost

Commentators have weighed in on the Transnet strike’s economic hit, but strike season isn’t over yet

Dondo Mogajane, director general of the South African National Treasury, Enoch Godongwana, South Africa’s finance minister, David Masondo, South Africa’s deputy finance minister, and Edward Kieswetter, commissioner of the South African Revenue Service (SARS), (left to right), make their way to the budget presentation in Cape Town, South Africa, on Wednesday, Feb. 23, 2022. South Africa cut corporate taxes and set more ambitious targets for reducing debt, after a surge in commodity prices led to higher-than-expected tax income. (Dwayne Senior/Bloomberg via Getty Images)

Government stares down public wage conundrum

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

Finance minister Enoch Godongwana.(Brenton Geach/Gallo Images via Getty Images)

Pressure builds as Enoch Godongwana forges on with fiscal consolidation

Enoch Godongwana is currently seized with preparations for the medium-term budget, which will give details on whether fiscal stability is still possible

February 23 2022 – Minister Enoch Godongwana speaks to the media at the Imbizo Media Centre in Parliament, Cape Town. (David Harrison)

Light at end of tunnel, but wage bill could blow the budget

The treasury is meeting rating agencies that identified the public service compensation as a threat to South Africa’s credit outlook