Financial Fallout

Presidency spokesperson Vincent Magwenya said it would be unfortunate for SA/US relations if the bill comes to pass

The bipartisan bill accuses the ANC, President Cyril Ramaphosa and Naledi Pandor of anti-semitic statements

Joy Basu said the US wants women owned business to benefit more from Agoa

AU commissioner Albert Muchanga said reciprocal US access to duty-free African markets would not benefit the continent

In this monthly series, the M&G investigates how South Africa’s fiscal policy has been shaped. The second instalment considers the health budget and why, despite growing to R254…

The treasury continues to underfund health and education

Ten years after its adoption, the government has failed to achieve the targets set out in the National Development Plan. Looming spending cuts will render the NDP even more futile

South Africa to oppose reciprocal duty-free access for US companies during the Agoa conference in November

South Africa’s chickens have finally come to roost, leading the finance minister down a path that may well compromise the ANC

With most of the NDP targets way off the mark, our fiscal path defers the NDP goals by another decade, if we are lucky, while an incapable state will spell its death

The fund, announced by President Cyril Ramaphosa in 2020, may have helped protect the fiscus from a long-term debt crisis

The corporatisation of SOEs has disempowered the South African public and benefited corporate power and private finance

Among state-owned entities, the beleaguered power utility is far and away the biggest risk to the public purse