Mid-term budget: Godongwana maintains line on austerity

Finance Minister Enoch Godongwana has doubled down on the government’s fiscal consolidation efforts by reducing spending from 28.6% of GDP in the 2023-24 financial year to 27.6% in 2024-25. This largely reflects measures implemented in recent years and slower growth projected in non-interest expenditure relative to GDP, the treasury said in its medium-term budget policy […]

No lifeline for Transnet or other ailing parastatals in medium term budget

mg.co.za - 30/Oct 14:00

Instead, Finance Minister Enoch Godongwana promised steps to ease the requirements for public-private partnerships

Godongwana Defends MTBPS, Urges Focus on Economic Growth for Job Creation and Poverty Alleviation

iafrica.com - 31/Oct 10:20

Finance Minister Enoch Godongwana has countered critics of his Medium-Term Budget Policy Statement (MTBPS), highlighting that many of his detractors...

Treasury Declines SAPO Bailout, Reinforces ‘Tough Love’ Approach to State-Owned Enterprises

iafrica.com - 31/Oct 10:15

Finance Minister Enoch Godongwana announced that the Treasury has no funds available to bail out the South African Post Office (SAPO), directing it to...

MINI BUDGET REACTION: Markets give MTBPS an initial thumbs down, analysts note disappointing ‘fiscal slippage’

daily maverick - 30/Oct 16:09

The markets have spoken and the Medium-Term Budget Policy Statement delivered by Finance Minister Enoch Godongwana disappointed, but was not a...

Opposition Parties Criticize Mini-Budget for Lacking Support for Struggling South Africans

iafrica.com - 31/Oct 10:13

Opposition parties have expressed disappointment with the recent Medium-Term Budget Policy Statement (MTBPS), criticizing it for not addressing the...

SANDF allocated more money but still badly underfunded

defenceweb.co.za - 31/Oct 08:39

The South African National Defence Force (SANDF) has been allocated an additional R3.6 billion in the latest ‘mini budget’ tabled on Wednesday,...

Teacher Union Criticizes Budget as Educator Job Cuts Loom Amid Insufficient Funding for Education Sector

iafrica.com - 03/Nov 09:52

The South African Democratic Teachers Union (SADTU) has voiced strong disappointment in Finance Minister Enoch Godongwana’s medium-term budget...

OPINIONISTA: Mantashe’s call for 30% lower fuel prices is encouraging, but it’s complicated

daily maverick - 24/Oct 17:41

With the Medium-Term Budget Policy Statement due to be presented next week by Minister of Finance Enoch Godongwana, it is worth unpacking how possible...

‘Put a stop to anti-poor budget cuts’ pleads Cape Town mayor

capetownetc.com - 28/Oct 14:00

As the Medium-Term Budget Policy Statement (MTBPS) D-day approaches, Cape Town Mayor Geordin Hill-Lewis has called on Finance Minister Enoch...

Will Enoch Godongwana's mid-term budget bring relief to millions of desperate South Africans

dailynews.co.za - 29/Oct 11:57

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