Fiscal Policy
latest news & developments
We cannot grant SA into prosperity
While social grants provide an essential survival safety net for millions, relying on welfare consumption rather than capital infrastructure spending stifles South Africa's…
Tanzania is paying its own way and investors are taking note
Tanzania unveils its most ambitious budget yet, a record $23.8 billion spending plan for 2026-27, largely financed by domestic sources. This move signals a strategic shift…
Billions promised, millions expected: Malawi's mining boom fiscal gap
As foreign companies advance projects worth tens of billions of dollars in critical minerals, Malawi's fiscal watchdog projects the government will collect roughly $19 million…
Unequal society burdens South Africa’s tax system, says Sars head
Edward Kieswetter says taxpayers’ willingness to comply has been eroded by poor governance
EFF pushes its alternative budget, demands reform
The party has proposed a R512.8bn revenue strategy and refuses to agree to a VAT increase
Hlabisa calls for stability as VAT fallout threatens to capsize GNU
The Inkatha Freedom Party president said the VAT debate should not be weaponised to derail the coalition government’s primary mandate of ensuring economic stability and service…
Coalition takes wrangling over tax in the budget to parliament
Budget approval hangs in the balance and resistance to it is set to play out in the legislature’s finance committees
Budget deadlock threatens governance stability, small parties warn
Members of the government of national unity and opposition parties have raised concerns that the ongoing impasse between the ANC and DA could trigger the need for fresh elections
Sustainable budget solutions over tax hikes, please
Operational inefficiencies and infrastructure neglect have led to logistical challenges costing the economy R1 billion daily in lost economic output
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
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
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
Mid-term budget: Godongwana maintains line on austerity
Finance Minister Enoch Godongwana has doubled down on the government’s fiscal consolidation efforts by reducing spending from 28.6% of GDP in the 2023-24 financial year to 27.6%…
SA Breweries warns that inflated tax threatens jobs, local growth
The industry wants excise tax relief amid declining sales and economic strain
Economic policy and the state capture ‘scarecrow’
Anxiety about governance failures stands to limit our options, just when we need an alternative direction the most