Medium-Term Budget Policy Statement (MTBPS)
- South Africa News
No one wants to take responsibility for the scrapping of e-tolls
The national government and the Gauteng provincial government have abandoned their promise to scrap the e-toll gantries. This was after…
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R100 billion allocated for public service wages
Nearly R100 billion has been allocated to cover the costs of the public service wage bill for the next three…
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ANC supports Godongwana’s plans to reconfigure state & close some depts, says Fikile Mbalula
African National Congress (ANC) secretary-general Fikile Mbalula said the party supports Minister of Finance Enoch Godongwana’s plans to close some…
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SARS: SA’s budget policy would have been worse off if it was not for us
The South African Revenue Service (SARS) says the country’s fiscal framework would have been under “greater pressure” had it not…
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Godongwana: Transnet’s poor performance costing SA’s already struggling economy
Minister of Finance Enoch Godongwana singled out state-owned Transnet, saying the indebted entity’s rail performance threatened the entire economy. Godongwana…
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Minister Godongwana tells MPs government has no basic income grant policy
Finance Minister Enoch Godongwana said that the government had no basic income grant policy. Gondongwana said that the government was…
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Minister Godongwana: Another Eskom bailout will have to be conditional
Finance minister Enoch Godongwana said National Treasury is stuck between a “rock and a hard place” on whether to give…
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Cosatu calls on workers to join pickets for World Day for Decent Work on Friday
The Congress of South African Trade Unions (Cosatu) is gearing up for its nationwide protests and other activities across the…
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Minister Godongwana set to step down from ANC role to focus on Treasury – report
Finance Minister Enoch Godongwana is reportedly planning to step down from his role as the chairperson of the ANC’s national…
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Economists satisfied with MTBPS but still concerned over South Africa’s growth and debt
While economists have welcomed the revenue windfall which has been used to fund many of the adjustments in the medium-term…
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Fikile Mbalula determined to resolve e-tolls impasse before end of 2021
Transport Minister Fikile Mbalula has dismissed claims that he suggested that e-tolls should not be scrapped. This is after Mbalula…
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We’ll have the largest shortfall ever, but we have a plan – Tito Mboweni on taxes
The pandemic, the associated lockdowns and the global slowdown have severely affected SARS revenue. However, there’s some good news in…
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Premier Alan Winde calls on govt to think carefully about SAA bailout
Western Cape Premier Alan Winde has appealed to the national government to “think carefully” about a possible bailout for South…
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Finance MEC – Gauteng’s MTBPS to increase by over R400m
This was her first budget since she was elected to her position in May. Gauteng Finance MEC Nomantu Nkomo-Ralehoko has…
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