South Africa’s economic growth is expected to slow to 1.9% in 2022, says Finance Minister Enoch Godongwana. The Minister said this in the National Assembly on Wednesday while delivering the 2022 Medium Term Budget Policy Statement (MTBPS) at the Cape […]
Read moreGross government debt is expected to stabilise at 71.4% of the gross domestic product (GDP) in 2022/23 — two years earlier and at a lower level than projected in the 2022 Budget. In the Medium Term Budget Policy Statement (MTBPS), […]
Read moreFinance Minister Enoch Godongwana says over the next year, National Treasury will work closely with provincial and local governments in order to address “dysfunctional” service delivery. Delivering his Medium Term Budget Policy Statement this afternoon, Finance Minister Enoch Godongwana explained […]
Read moreFinance Minister Enoch Godongwana says government is set to allocate at least R6 billion more to the rebuilding and humanitarian relief efforts in disaster-hit areas across the country. Flooding in April this year – particularly in KwaZulu-Natal – devastated communities […]
Read moreGovernment is expected to step up spending on the “social wage” over the next three years to bring much needed financial boosts to sectors such as health, education, housing and transport. This was announced by Finance Minister Enoch Godongwana during […]
Read more