National Debt
latest news & developments
Opposition parties criticise Godongwana over public sector wage bill, state-owned enterprises
The finance minister’s reduction in corporate income tax and allocations to education, health, social development, justice and police have been welcomed
Why debt is a human rights issue
Many SADC countries are using scarce resources to service loans instead of offering public services
Petrol, toll fees to add to consumer debt burden
The department of energy announced that petrol prices would increase 49c/l on May 2, while diesel will increase by 59c/l at most
State’s debt to municipalities estimated at R64-billion
A government committee has been formed to help municipalities recover debt the national government owes them, which could be as much as R64-billion.