Economists applaud 2026 National Budget’s debt-cutting focus
Economists have given the 2026 National Budget a thumbs up, following National Treasury’s commitment to curbing the country’s debt. Finance Minister Enoch Godongwana announced that the debt-to-Gross Domestic Product ratio
Read MoreSocial Development spending to increase by 4.2% over three years
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
Read MoreSocial Development spending to increase by 4.2% over three years
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
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Read MoreGodongwana’s inflation-linked alcohol duty plan gets thumbs-up
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
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Read MoreGodongwana announces increase for social grant recipients
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
Read MoreMalema slams 2026 budget, questions growth strategy – SABC News
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
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Read MoreTax revenue boost paves way for inflation-linked tax relief
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
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