Public Finance
latest news & developments
Billions sit idle as poor cry for help
Parliamentary committee members have voiced outrage after the Department of Social Development underspent R4.879 billion allocated for social grants, returning vital funds to the…
Councils cannot keep dodging Eskom bill
With municipal debt to Eskom exceeding R120 billion, sustainable recovery requires treating indebted municipalities as financially distressed, enabling direct interventions and…
Before you promise me a bridge, show me the spreadsheet
As municipal elections approach in South Africa, voters must look past billboard slogans and demand real financial plans. It is time to challenge systemic mismanagement,…
Idac investigated Masemola without a complaint referral
The Madlanga commission has heard that the Independent Directorate Against Corruption (Idac) investigated national police commissioner Fannie Masemola in the Medicare24 matter…
Madlanga questions why Fannie Masemola was charged with Cat Matlala in R360m tender case
Justice Mbuyiseli Madlanga questioned former Idac head Andrea Johnson about the decision to charge suspended National Police Commissioner General Fannie Masemola alongside…
Future of SRD grant uncertain, treasury says
The Universal Basic Income Coalition said the government’s proposals to link the grant to employment-related conditions could exclude eligible beneficiaries
Prasa achieves first unqualified audit in nine years with 93% performance rate
The state-owned passenger rail agency has a long-term goal of 600 million trips by 2035
Unequal society burdens South Africa’s tax system, says Sars head
Edward Kieswetter says taxpayers’ willingness to comply has been eroded by poor governance
Public finance institutions should be more transparent on their decision making
Despite commitments to climate resilience, many continue to ignore their social mandates and push ahead with funding for fossil fuel projects.