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LATEST Budget  

News and coverage of South Africa’s most recent and past budget policy statements, speeches and related articles.

If government was a household… it would need debt counselling

Debt counsellors examine SA’s budget as if it was that of a family, and advise on the drastic measures it needs.

A decade of budgetary whoppers

Is Tito trying to break the tradition of ministerial delusion?

E-tolls: Outa says ‘No’

Getting people to pay may prove to be government’s Achilles heel.

Mboweni says ‘rock the boat’, but there are no waves

Taxpayers must brace themselves for even more increases.

Enough is enough

We are ‘shuffling around in old and comfortable brown shoes’ – and it's time to get real, says Mboweni.

‘Mixed picture with some positive signs’

South Africans looking for some respite will have to wait a while.

MTBPS laden with rhetoric but short on spending cut details

The statement paints a stark picture of SA's economics.

Rand slumps as Mboweni reveals wider government debt, revenue shortfall 

The local unit weakens by nearly 2% against the US dollar.

NHI roll-out cost increased by additional R33bn a year

Estimate is an indicative cost, not budget commitment - Treasury.

Cost of saving Eskom continues to rise

Provisionally allocated R10bn in MTBPS for its 2021/22 financial year.

SAA unlikely to ‘ever’ be sustainable in current configuration

Operational and governance interventions urgently required – Mboweni.

National Treasury downgrades 2019 growth forecast

Citing policy uncertainty and slow implementation of structural reforms.

Talks with labour hinder pace of cutting public sector wage bill

The expected R12bn savings for the fiscus per year until 2022 ‘have been reversed’.

E-tolls to be retained on GFIP

Further dispensations but compliance to be strengthened.
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