Eskom offices Finance Minister Enoch Godongwana says escalating municipal debt poses a risk to Eskom’s improved financial performance. Godongwana was tabling this year’s Medium Term Budget Policy Statement (MTBPS) in Parliament. Godongwana is pleased by the positive progress shown by Eskom this year. For the first time in nearly a decade, the power utility has…
FILE | Minister Enoch Godongwana Over the medium term, South Africa’s debt-service costs will increase by 3.8 percentage points annually, a significant reduction from 7.4 percent growth projected amid in the 2025 Budget, this is according to Finance Minister Enoch Godongwana. Tabling this year’s Mid-Term Budget Policy Statement (MTBPS) to Parliament, in Cape Town, he…
Finance Minister Enoch Godongwana at a pre MTBPS press conference. Minister of Finance Enoch Godongwana has set a new inflation target of three percent, with a one percentage point “tolerance band.” Delivering the Mid-Term Budget Policy Statement (MTBPS) in Parliament on Wednesday, Godongwana says the one percentage point band allows flexibility to accommodate any unexpected…
Finance Minister Enoch Godongwana tables his Medium-Term Budget Policy Statement for 2025. It comes during a period of uncertainty and skepticism among many South Africans. LIVE |
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…
