The e-procurement system was initially set for roll-out in July last year, but the plan was hurt by budget shortfalls. The ...

Considering the pressure on the budget, the need to limit government borrowings, and the fact that Eskom has a big upcoming ...

On Wednesday (12 March), the National Treasury proposed hiking value-added tax by 1 percentage point by mid-2026, increasing ...

Minister of Finance Enoch Godongwana announced that Treasury would be increasing VAT by one percentage point over the next ...

Fired employees expressed excitement about the prospect of reinstatement, as well as back pay. But there’s no template for ...

South Africa's National Treasury forecasts 1. 9% economic growth for 2025, as Finance Minister Godongwana unveils ambitious ...

Amid budget cuts leading to job losses in education, Finance Minister Enoch Godongwana announces a R19. 1 billion allocation to retain teachers, addressing the challenges of high learner-teacher ...

Finance Minister Enoch Godongwana previously indicated before February’s budget postponement, that infrastructure continues ...

Finance Minister Enoch Godongwana on Wednesday outlined plans to improve government spending efficiency through initiatives ...

CBK data reveals the increased use of the facility since last September when the overdraft grew from zero borrowings.

Budget underscores Treasury’s hardline stance against unconditional bailouts for struggling SOEs. However, Eskom and Transnet remain major fiscal risks.

South Africa's state power utility Eskom is set to receive modified debt relief support, with Treasury announcing a ...