Post Office future still under discussion as Treasury holds back on funding details

Published

In his latest Medium-Term Budget Policy Statement, Finance Minister Enoch Godongwana addresses the future of the South African Post Office, revealing ongoing financial struggles and the Treasury's indecision on funding.

Transnet has not yet met its own targets, but there is progress

Helmo Preuss|Published

Explore how Transnet is navigating its challenges and making progress as highlighted in Finance Minister Enoch Godongwana's latest Medium-Term Budget Policy Statement. ...

Increasing municipal debt is a threat to Eskom’s viability

Helmo Preuss|Published

As municipal debt continues to rise, Eskom's financial viability hangs in the balance, prompting urgent calls for reform and support.

Only CPI was considered for the lower inflation target of 3%

Helmo Preuss|Published

Finance Minister Enoch Godongwana's recent MTBPS reveals a pivotal shift in South Africa's monetary policy, focusing solely on the CPI to establish a new 3% inflation ...

MTBPS: SA to achieve first debt stabilization since 2008 crisis

Siphelele Dludla|Published

Finance Minister Enoch Godongwana announces that South Africa is on track to stabilize government debt by 2025/26 - the first time since the 2008 financial crisis ...

Read Finance Minister Enoch Godongwana's full MTBPS here

Enoch Godongwana|Published

Finance Minister Enoch Godongwana delivered his Medium-Term Budget Policy Statement (MTBPS) on Wednesday.

MTBPS: SA economic growth outlook cut to 1.2% for 2025, Treasury pins hope on reforms

Siphelele Dludla|Published

Finance Minister Enoch Godongwana delivered his Medium-Term Budget Policy Statement (MTBPS) on Wednesday.

MTBPS: South Africa reduces inflation target to 3% to combat rising cost of living

Siphelele Dludla|Published

This new target immediately replaces the previous target range of between 3 and 6% with a midpoint of 4.5%, which has been implemented since 2000.

Watch VideoWatch live: Enoch Godongwana delivers MTBPS

Ashley Lechman|Published

Finance Minister Enoch Godongwana delivered his Medium-Term Budget Policy Statement (MTBPS) on Wednesday.

Oil prices soar, stocks slide after Israel strikes Iran

AFP|Published

Fears of a higher-cost environment sent share prices sliding for a majority of companies across Asia and Europe.

Redefining brand loyalty for the modern consumer

Partnered Content|Published

The Momentum Multiply approach is tapping into playful, competitive elements to engage members and enhance the overall loyalty experience.

Underwhelming Budget, but at least we have one now, analyst says

Ashley Lechman|Published

South Africa's Finance Minister Enoch Godongwana presents Budget 3. 0, addressing a 75 billion deficit amid concerns over increased debt and reduced expenditure. ...

South Africa's budget 3.0: A year of fiscal upheaval and strategic changes

Ashley Lechman|Published

As the months slip into May, the fiscal landscape continues to evolve, presenting both challenges and opportunities for the economy.

BUDGET: SA Canegrowers welcomes no increase in sugar tax

Ashley Lechman|Published

The association said it believes that Treasury should scrap the tax, to help ensure that government drives job creation and economic growth, as per its commitments ...

Cosatu critiques Finance Minister's Budget as insufficient for economic growth

Ashley Lechman|Published

Cosatu expresses concerns over Finance Minister Enoch Godongwana's Budget, highlighting the need for more support for low-income earners and a call for a national ...

Cabinet welcomes Finance Minister Enoch Godongwana's proposed 2025 Budget

Se-Anne Rall|Published

Discover how the 2025 National Budget, approved by Cabinet, aims to address fiscal challenges while supporting South African families.

Godongwana shows complete contempt for ordinary people living in SA, Healthy Living Alliance says

Ashley Lechman|Published

“It is deeply disappointing that the minister missed an opportunity to increase  HPL to 20% to boost the fiscus and instead chose the option to rather increase VAT, ...

VAT hike: struggling South Africans brace for greater financial strain

Ashley Lechman|Published

Many households earning less than R8,000 per month often rely on relationships with neighbours and relatives, borrowing from them to bridge the gap before their ...

VAT increase will also effect property purchases

Ashley Lechman|Published

There are a number of VAT-inclusive services associated with the purchase of a home, for which buyers will need to allocate additional budget, which will impact ...

South Africa Wine condemns unfair excise tax decision

Ashley Lechman|Published

Finance Minister Enoch Godongwana said in the 2025 Budget that government will impose more taxation on tobacco and alcohol products in the coming year.