Medium-Term Budget Policy Statement
- South Africa News
South Africa can’t afford National Health Insurance
The Institute of Race Relations (IRR) says it is deeply concerned about the state of the country’s public finances. Minister…
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Western Cape govt calls for service delivery to be made a priority in MTBPS
The Western Cape government is calling for service delivery to be made a priority ahead of the Medium-Term Budget Policy…
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Weak economy puts pressure on Govt finances with reduced revenue
Finance Minister Enoch Godongwana will have to balance the growing spending needs against weaker revenue streams when he presents his…
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Godongwana: If we don’t do anything we won’t have money by the end of March
Finance minister Enoch Godongwana has warned the country could run out of money by March next year, if rampant spending…
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Pressure on Gauteng government to clarify if motorists will be reimbursed for e-tolls
With the fuel price hike an additional burden for already stretched consumers, pressure is mounting for the Gauteng government to…
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Minister Godongwana: Eskom to get between R133 & R260 billion in debt relief in 2023
Finance Minister Enoch Godongwana has kept the country’s purse shut from Eskom, for now, but promised a new debt relief…
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Finance Minister Godongwana: Sanral to get R47 billion bailout from government
Financed Minister Enoch Godongwana announced a R47 billion government bailout for the South African Road Agency (Sanral) during his Medium-Term…
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Treasury extends R350 social relief grant until March 2024
Finance Minister Enoch Godongwana announced the extension of the social relief of distress grant to March 2024, during his Medium-Term…
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Silver bullet expected from Enoch Godongwana to tackle Eskom debt in MTBPS
Finance Minister Enoch Godongwana’s action plan for Eskom’s debt is among the top themes expected in this week’s Medium-Term Budget…
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Enoch Godongwana has shown commitment to help Parliament following blaze, says Mapisa-Nqakula
National Assembly Speaker Nosiviwe-Mapisa on Tuesday said Finance Minister Enoch Godongwana has shown “commitment” to help the legislature, which was…
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SARS applauds new fiscal commitment
The South African Revenue Service (Sars) welcomed Minister of Finance Enoch Godongwana’s “unflinching” commitment to fiscal sustainability when he presented…
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Enoch Godongwana: Wage bill swallows bulk of windfall
A revenue windfall to help with the social relief of distress grant. But it’s little comfort amid the soaring debt…
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Minister Godongwana refuses to give in to pressure to increase govt expenditure
Finance Minister Enoch Godongwana stayed the course in his maiden Medium-Term Budget Policy Statement address on Thursday, refusing to give…
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Eskom suffers loss of R20 billion
Eskom has suffered a loss of R20.5 billion, with the power utility also battling a massive debt it is trying…
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Tito Mboweni’s mini-budget speech postponement approved
Parliament has approved delaying South Africa’s mini-budget by more than a week. Finance Minister, Tito Mboweni asked Parliament for the…
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Parliament postpones medium-term budget speech
Parliament has acceded a request by National Treasury to delay the Medium-Term Budget Policy Statement by a week. Finance Minister,…
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