‘This is not an election budget’: Enoch Godongwana defends fiscal moves:
Finance minister Enoch Godongwana has dismissed suggestions his 2024 budget tabled in ...
timeslive.co.za/sunday-times/business/business/2024-02-22-this-is-not-an-election-budget-enoch-godongwana-defends-fiscal-moves/
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trib.al Feb 22 24
South Africa's Fiscal Rules Need Political Buy In, Finance Chief Says: South Africa’s Finance Minister Enoch Godongwana acknowledged the country’s politics ...
bloomberg.com/news/articles/2024-02-22/s-africa-finance-chief-says-fiscal-rules-need-political-buy-in
Paid articlePaywall
Lukewarm response to Godongwana’s balancing act that cues spending reform: Budget big ticket items include the Reserve Bank’s forex contingency reserve’s R150bn ...
dailymaverick.co.za/article/2024-02-21-lukewarm-response-to-finance-minister-godongwanas-balancing-act-that-cues-spending-reform/
South Africa’s Godongwana Says 2024 Budget No Election Giveaway: South African Finance Minister Enoch Godongwana said his 2024 budget wasn’t designed to curry ...
bloomberg.com/news/articles/2024-02-22/south-africa-s-godongwana-says-2024-budget-no-election-giveaway
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Markets, analysts give Godongwana’s Budget a cautious cheer: Sin taxes are going up. But markets and analysts have raised a cautious glass to the 2024 Budget ...
dailymaverick.co.za/article/2024-02-21-markets-analysts-give-godongwanas-budget-a-cautious-cheer/
Debt, taxes and a Sarb lifeline: What you need to know about Budget 2024: Highlights of Budget 2024 presented on Wednesday, 21 February, by Finance Minister ...
dailymaverick.co.za/article/2024-02-21-budget-speech-2024-tax-debt-sarb/
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EWN May 07
Joburg Mayor, SAMWU respond to Treasury over contentious R10.3bn wage agreement: In a letter dated 23 April 2026, the National Treasury has warned it could ...
ewn.co.za/2026/05/07/joburg-mayor-samwu-repond-to-treasury-over-contentious-r103bn-wage-agreement
businesstech.co.za May 06
South Africa’s richest city in hot water: The City of Johannesburg has been put on notice by the National Treasury, which is threatening to cut off funding to ...
businesstech.co.za/news/trending/859600/godongwana-threatens-to-cut-off-south-africas-richest-city/
EWN Feb 26
Finance Minister lauds Kieswetter for turning SARS around: Tabling the 2026 national budget on Wednesday, Godongwana was able to retract his plans to introduce ...
ewn.co.za/2026/02/26/finance-minister-lauds-kieswetter-for-turning-sars-around
businesstech.co.za Feb 25
The big winners and losers in South Africa’s 2026 budget: South African Finance Minister Enoch Godongwana delivered his annual budget to lawmakers in Cape Town ...
businesstech.co.za/news/budget-speech/852182/the-big-winners-and-losers-in-south-africas-2026-budget/
Godongwana forecasts better revenue, strikes optimist tone in medium term budget: The finance minister announced a lower inflation target of 3% ...
mg.co.za/article/2025-11-12-godongwana-forecasts-better-revenue-strikes-optimist-tone-in-medium-term-budget/
Key FactsGodongwana Projects Positive Budget Outlook for South Africa
Nov 13, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: mg.co.za
Summary created with AI assistance · Source: mg.co.za
- Finance Minister Godongwana expects revenue to exceed projections by R19.7 billion in 2025.
- The inflation target has been lowered to 3% with a 1% tolerance band, set to be implemented over two years.
- Government debt is predicted to stabilize at 77.9% of GDP, with a primary budget surplus of R68.5 billion this year.
- Illicit trade in cigarettes and alcohol is identified as a significant threat to the economy.
As we table this policy statement, we have reason to be optimistic about the future of our country.— Finance Minister Enoch Godongwana, while presenting his medium-term budget policy statement in Parliament.
EWN Feb 20 25
City Power receives over 1,500 outage calls following heavy rains: Customers plunged into darkness as a result of recent inclement weather has logged almost 2000 ...
ewn.co.za/2025/02/20/city-power-receives-over-1-500-outage-calls-following-heavy-rains
MTBPS 2024: Read in full — the Medium-Term Budget Policy Statement
dailymaverick.co.za/article/2024-10-30-read-in-full-the-medium-term-budget-policy-statement/
South Africa’s Tax Chief Kieswetter Welcomes Finance Ministry Appointments: South African tax head Edward Kieswetter welcomed the reappointment of Finance ...
bloomberg.com/news/articles/2024-07-03/south-africa-s-tax-boss-welcomes-finance-ministry-appointments
Paid articlePaywall
South Africa budget boosts welfare grants ahead of May election: The governing ANC is expected to face its toughest election since it took power 30 years ago.
bbc.com/news/world-africa-68358900
Key FactsSouth Africa Boosts Welfare Grants Before May Election
Feb 21, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: bbc.com
Summary created with AI assistance · Source: bbc.com
- South Africa's Finance Minister has increased welfare payments for over 18 million people ahead of the upcoming election.
- The ruling ANC faces a challenge as opposition parties aim to double social grants.
- Economic constraints limit government flexibility despite pressure to reduce the budget deficit.
- The Finance Minister announced raises in payments for the elderly, veterans, and disabled to maintain voter satisfaction.
Parties slam Godongwana’s ‘bailout’ budget as an election ‘gimmick’: Political parties have criticised finance minister Enoch Godongwana’s budget ...
timeslive.co.za/politics/2024-02-21-parties-slam-godongwanas-bailout-budget-as-an-election-gimmick/
Treasury grants Transnet R47 billion support package: R22.8 billion will be used to tackle urgent liquidity matters, such as settling maturity debt
mg.co.za/news/2023-12-01-treasury-grants-transnet-r47-billion-support-package/
Key FactsTransnet's Financial Relief: R47 Billion from Treasury
Dec 1, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: timeslive.co.za
Summary created with AI assistance · Source: timeslive.co.za
- Transnet faces a huge debt of R135 billion and is unable to borrow from the market.
- Finance minister Enoch Godongwana and National Treasury agreed to a R47 billion credit guarantee facility to alleviate Transnet's financial challenges.
- National Treasury confirmed that Transnet can immediately access R22.8 billion from the facility to address urgent issues, including paying off maturing debts.
- While direct bailout wasn't considered, government expressed confidence in the credit guarantee facility and the recovery plan to resolve Transnet's challenges.
Medium Term Budget 2023 - Cut Spending, South Africa Warned: South Africa is anxiously awaiting the medium term budget speech by Finance Minister Enoch ...
allafrica.com/view/group/main/main/id/00087440.html
U.S. Weighs Impact of Relations With Africa Through AGOA: The U.S. is looking at ways of making more of an impact on the continent via the African Growth and ...
allafrica.com/view/group/main/main/id/00087428.html
South Africa: Decision Not to Raise the Sugar Tax Puts Profits Ahead of People, Activists Say
allafrica.com/stories/202302230020.html
Key FactsWATCH | Finance Minister Enoch Godongwana Delivers Budget Speech for 2023
Apr 10, 2023 · Reading time: ~20 sec.
Summary created with AI assistance
Summary created with AI assistance
- President Cyril Ramaphosa announced government plans to address the energy crisis and prevailing socioeconomic challenges in his state of the nation address on February 9.
- Godongwana will detail the spending and revenue collection proposals needed to carry out these plans.
- He is also expected to present the Appropriation Bill and the Revenue Division Bill to parliament.
Enoch Godongwana and the finance ministry’s problematic relationship with Eskom needs to change if we are to get any relief
mg.co.za/opinion/2023-02-21-enoch-godongwana-and-the-finance-ministrys-problematic-relationship-with-eskom-needs-to-change-if-we-are-to-get-any-relief/
Government plans to end load-shedding in 12-18 months: Godongwana at Davos 2023: The government has a plan to improve energy provision that will end the need for ...
timeslive.co.za/news/south-africa/2023-01-17-government-plans-to-end-load-shedding-in-12-18-months-godongwana-at-davos-2023/
Transnet receives R8.5bn in state support to 'build efficiency': Transnet will get R5.8 billion in state support, says Finance Minister Enoch ...
news24.com/fin24/companies/transnet-receives-r85bn-in-state-support-to-build-efficiency-20221026
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