National Treasury has announced plans to increase spending on Social Development by 4.2% over the next three years, increasing the allocation to R466.4 billion in 2028/2029. This will support poverty

National Treasury has announced plans to increase spending on Social Development by 4.2% over the next three years, increasing the allocation to R466.4 billion in 2028/2029. This will support poverty

The National Liquor Traders Council has welcomed Finance Minister Enoch Godongwana’s announcement that excise duty increases on alcohol products will be limited to inflation-linked adjustments. Godongwana delivered the 2026 Budget

Social grant recipients will receive an increase aligned with the rate of inflation. Finance Minister Enoch Godongwana says, “For 2026/27, social grants are allocated R292.8 billion, enabling the increases”. National

Economic Freedom Fighters (EFF) leader Julius Malema has criticised the 2026 national budget tabled by Finance Minister Enoch Godongwana, saying that it lacks a clear strategy for economic growth. During

A boost in tax revenue has given the National Treasury room to offer the first inflation-linked tax relief since the 2023/24 financial year. Finance Minister Enoch Godongwana says revenue for

Finance Minister Enoch Godongwana has announced an increase in fuel levies, which he says are in line with inflation. Godongwana was delivering his 2026/27 budget in Parliament in Cape Town. “In terms of

Those trying their luck with online gambling may soon have to pay tax on their winnings. There is a proposal for a tax of 20% on gross gambling revenue generated

Ekapa Minerals Mine in the Northern Cape, where five miners remain trapped after a mud rush incident last Tuesday, has been placed under liquidation. All mining activities at the Kimberley

National Treasury says a ghost worker audit has identified 4 323 suspicious cases in the PERSAL system and that a verification process is under way. The department says employees who