Latest News & Developments
budget
Urgent need for responsible budgeting in local municipalities
To tax the already burdened and hard-pressed citizen, as well as businesses and industry that contribute hugely to the city coffers, is imprudent and should be avoided.
Budget 3. 0 Reaction: Praise for social relief, criticism of growth gap
Opposition parties on Wednesday expressed mixed reaction to Finance Minister Enoch Godongwana's Budget speech.
LIVE | Godongwana presents Budget 3. 0
Minister Enoch Godongwana is delivering Budget 3. 0 to the MPs and the country at large.
AG still concerned about use of consultants in KZN municipalities
The Auditor General South Africa (AGSA) reports improvements in financial management across KwaZulu-Natal municipalities, highlighting reduced irregular expenditure and the need for better accountability
Tshwane denies claims of idle workers at waste management depot
The City of Tshwane responds to allegations of over 80 workers sitting idle at a waste management depot, citing resource shortages and contract transitions as the cause.
Frustrated Chatsworth residents voice concerns over proposed budget and water crisis
WATCH: Residents protest against proposed tariff increases during Mayor Cyril Xaba’s budget consultation, highlighting ongoing water issues and the need for better service delivery
KZN government tables R1. 9 billion budget aimed at revitalising local governance and driving economic growth
KZN government unveils R1. 9 billion budget to strengthen local governance and boost economy.
R32 billion health budget signals fresh start for Western Cape healthcare system
Western Cape Health Minister Mireille Wenger unveils a transformative R32 billion budget for 2025/26, aiming to restore public healthcare, enhance infrastructure, and expand access in rural areas, all while emphasising partnerships and community resilience.
Opinion | How the Western Cape Education budget supports the most vulnerable learners
Discover how the Western Cape's R33. 259 billion education budget aims to uplift vulnerable learners, ensuring they receive essential support like meals, transport, and special education resources.
Msunduzi Municipality commits to supporting vulnerable communities in draft budget
Msunduzi Municipality unveils a draft budget aimed at uplifting vulnerable communities, ensuring inclusive budgeting and sustainable service delivery amidst rising costs
What the new VAT rate means for your everyday expenses
With a VAT increase potentially looming, confusion surrounds its timing and implications.
Save money on groceries: Effective strategies for the budget-conscious shopper
Her are effective strategies to cut your grocery bills without compromising on quality or nutrition.
Mbalula: ‘Budget negotiations going smoothly, as ANC prepares to meet DA this weekend’
ANC secretary-general Fikile Mbalula reports positive progress in cross-party talks to resolve the 2025 National Budget impasse, with a roadmap expected next week despite tensions over the proposed VAT increase that saw GNU partners vote against the fiscal framework.
Western Cape’s R33. 259 billion education budget met with rejection over inequality concerns
Western Cape Education MEC David Maynier unveils a historic R33. 259 billion budget aimed at improving educational outcomes, supporting vulnerable learners, and addressing infrastructure needs, amidst criticism from opposition leaders and unions.
Trump tariffs and political fears lash local market
South Africa's markets are in turmoil as the JSE's All Share Index drops 9. 28% in a week, driven by Trump’s tariffs and political instability.
2025 Budget | A blueprint for uplifting South Africans and revitalising economic recovery, says Cyril Ramaphosa
President Cyril Ramaphosa outlines the 2025 Budget as a crucial tool for driving development, reducing poverty, and fostering inclusive growth in South Africa, amidst economic constraints.
Cape Town's draft Budget sparks debate over rising fixed charges
Cape Town’s draft budget aims to address climate change and public welfare, but critics warn of rising costs for residents.
City of Cape Town's draft budget raises public concern over fixed charges
While Cape Town's draft budget for the 2025 financial year aims to invest in community improvements, residents express significant concerns over the introduction of fixed charges that could impact their finances.
When bulls fight, crops suffer: The 3rd VAT increase in 34 years
Finance Minister Godongwana's delayed 2025 budget introduces a phased 1% VAT increase, the third in 34 years. This article examines how this contentious decision will impact South Africa's poor, middle class, and businesses, while exploring alternative approaches to broaden the tax base through job creation and economic growth.
ActionSA pushes for cuts to deputy minister roles to help reduce government expenditure
ActionSA is pushing to eliminate deputy ministers in a bid to reduce government expenditure and improve taxpayer efficiency.
DA loses VAT fight, accuses ANC and ActionSA of betraying the country
The DA said their suggestion would have created growth and jobs, cut the waste in government and stopped VAT hikes – but the ANC and ActionSA have denied South Africa economic growth.
ANC backs ActionSA’s bid to scrap VAT hike in 2025 Budget showdown
In a crucial political move, the ANC supports ActionSA's bid to remove the VAT increase, promising relief for struggling taxpayers amidst ongoing budget discussions.
'No VAT increase': DA digs its heels in as budget impasse mounts
Democratic Alliance's opposition to VAT increases escalates tensions within the Government of National Unity as budget discussions reach a critical impasse.
Competition Commission report | Shoppers spending less on pilchards, eggs and maize
Amid fluctuating prices and climate impacts, the latest Essential Food Pricing Monitoring Report reveals crucial insights into South Africa's food market dynamics.
Budget negotiations and Trump tariffs spark rand's decline amidst political turmoil
The rand has fallen nearly 1% against the US dollar as Parliament faces a critical Budget deadline. With GNU parties divided over proposed VAT increases and economists warning of dire consequences if consensus isn't reached by Wednesday, South Africa's economy hangs in the balance