South African money notes and coins. ActionSA says the Medium-Term Budget Policy Statement (MTBPS) should focus on measures that will boost economic growth and reduce unemployment. Finance Minister Enoch Godongwana is scheduled to table the 2025 mid-term budget in Parliament on Wednesday afternoon. He will provide an update on the country’s economic performance. ActionSA MP Alan…
Minister of Finance Enoch Godongwana Finance Minister Enoch Godongwana will table his Medium-Term Budget Policy Statement for 2025 later today. It comes during a period of uncertainty and scepticism among many South Africans. Some people say that the National Treasury’s budget allocation is not geared towards uplifting the economy. Many feel the public purse remains…
File image: A shopper walks past a Vodacom shop in Johannesburg. South African cellular giant, Vodacom, has reached an agreement with South African-born Elon Musk’s, Starlink, to deliver high-speed, low-latency broadband internet to millions of businesses and households across Africa. The two entities will also expand rural network coverage. According to Vodacom, integrating Starlink’s satellite…
FILE | Empty classroom. The Independent Schools Association of Southern Africa (Isasa) has urged the government not to continue with the proposed tax law amendments in their current form. This comes as Finance Minister Enoch Godongwana prepares to deliver his Mid-Term Budget Policy Statement (MTBPS) on Wednesday. The National Treasury is proposing Value-Added Tax (VAT)…
Minister of Finance Mr Enoch Godongwana Finance Minister Enoch Godongwana is expected to steer away from major tax changes when he presents the Medium Term Budget Policy Statement on Wednesday, 12 November 2025. The Medium Term Budget Policy Statement outlines government priorities, economic forecasts, and updated spending and revenue projections for the next three…
FILE | Finance Minister Enoch Godongwana. Political parties in Parliament have expressed their wish lists, as Finance Minister Enoch Godongwana prepares to table the Medium-Term Budget Policy Statement (MTBPS)on Wednesday. They are calling for stricter fiscal discipline and reform to restore confidence, as well as a budget that puts the needs of ordinary South Africans…
FILE | A trader on the pavement in Joburg CBD Johannesburg Mayor Dada Morero says out of the 500 traders listed during the court proceedings in its case against the Socio-Economic Rights Institute, only 93 people have stepped forward to register. The case centered around the removal of informal traders from the Johannesburg CBD. The…
FILE| A woman looking at her bills. The latest data released by Statistics South Africa (StatsSA) shows that country’s official unemployment rate eased by 1.3% from 33.2% recorded in the second quarter to 31.9% in the third quarter of 2025. The Quarterly Labour Force Survey shows that there was a 248 000 increase in the…
Minister Enoch Godongwana delivering the budget speech in 2024. There is speculation that Finance Minister Enoch Godongwana may formally announce a new inflation target at the upcoming Medium-Term Budget Policy Statement. Recently, ratings Agency Fitch said it expected the National Treasury to reveal the new inflation target, which the Reserve Bank would then have to…
The logo of the G-20 South Africa 2025 seen during a press briefing. The Gauteng Tourism Authority says the industry is set to benefit massively from the upcoming G20 Summit, scheduled to take place in Johannesburg later this month. It says some of the hospitality facilities have already registered full bookings as the summit draws…
