Budget Review
latest news & developments
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
Tapping into gold and foreign reserve to pay debt servicing costs is risky for South Africa
Economists say the government can expect to incur inflationary and exchange rate costs from the move
New GDP data and missing mining figures sow uncertainty among forecasters
Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated
Consolidating government finances is a tall order
Ramaphosa needs to build broad political consensus if he is to have any chance of pursuing his fiscal and structural reform agenda
Little real fabric on manufacturing plans
South Africans will have to wait for a while until they see how the department of trade and industry implements the industrial policy.
Battle looms over stand on public sector wages
Pravin Gordhan is standing firm on curbing hikes in public sector wages, raising the hackles of Cosatu, which is girding itself for war on the issue.
NHI budget comments confuse health researchers
Although the National Health Insurance scheme is set to go ahead, researchers have been left confused by the finance minister’s budget speech.