OpinionEDITORIAL | Godongwana has nailed a tight balancing act:
New inflation target gives South Africa a shot in the arm
timeslive.co.za/ideas/2026-02-26-editorial-godongwana-has-nailed-a-tight-balancing-act/
Story Details
| Last Updated | |
| Total Articles | 2 |
Main Topics
Similar to This
Previous
businesstech.co.za Mar 31
R3 per litre relief for petrol prices in South Africa: South Africa will reduce a tax imposed on fuel to offset the impact of surging oil prices on domestic ...
businesstech.co.za/news/energy/855399/r3-per-litre-relief-for-petrol-prices-in-south-africa/
Key FactsSouth Africa Cuts Fuel Tax by R3 Per Litre
Mar 31, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: businesstech.co.za
Summary created with AI assistance · Source: businesstech.co.za
- Fuel levies on petrol and diesel will be lowered by R3.00 per litre during April to mitigate rising oil costs.
- This action follows a sharp increase in oil prices triggered by the US and Israel attack on Iran at the end of February.
- Even with the tax cut, fuel prices are expected to rise by around R3 per litre for petrol and R7 for diesel.
- The reduction is temporary, with further decisions on the subsequent two months still under consideration.
"I will temporarily be lowering the fuel levy for this month of April by R3.00, and then I am still discussing what we can do for the next two months," Godongwana said.— Finance Minister Enoch Godongwana, in an interview at the South Africa Investment Conference in Johannesburg.
OpinionEDITORIAL | Firm foundations, fragile future: Godongwana’s budget lays the groundwork, but without stronger growth the structure may not hold
ebx.sh/mIeUIO
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
Bad news for drivers in South Africa: While the 2026 Budget provides some inflationary relief for taxpayers, drivers will once again bear the brunt of revenue ...
businesstech.co.za/news/budget-speech/852158/petrol-price-pain-for-south-africa/
BUDGET 2026 | Foot-and-mouth and mining output undermine stronger GDP, Godongwana warns
timeslive.co.za/news/south-africa/2026-02-25-budget-2026-foot-and-mouth-and-mining-output-undermine-stronger-gdp-godongwana-warns/
EWN Feb 23
Budget speech 2026: DA expectations: The DA says it wants to see adjustments in personal income tax brackets and rebates in line with inflation.
ewn.co.za/2026/02/23/budget-speech-2026-da-expectations
New target still leaves cuts on the cards, says Godongwana: Finance minister tells MPs new inflation target is supported by progress Reserve Bank has made in ...
sundaytimes.timeslive.co.za/business/2025-11-15-bt-p1-2nd-new-target-still-leaves-cuts-on-the-cards-says-godongwana/
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.
Mini budget postmortem — here’s what informed Godongwana’s thought process on policy positions
dailymaverick.co.za/article/2025-11-14-medium-term-budget-postmortem-behind-the-thinking-that-went-into-it/
Rand hits 2025 high on inflation target but growth and debt worries remain: The markets have reacted favourably to the downward revision in the inflation target ...
dailymaverick.co.za/article/2025-11-12-rand-hits-2025-high-on-inflation-target-but-growth-and-debt-worries-remain/
South Africa's Govt of National Unity Presents 'Good News Budget': The new inflation target for South Africa is 3% with a 1 percentage point tolerance band ...
allafrica.com/view/group/main/main/id/00094740.html
Fighting old friends on inflation part of consensus-building: Enoch Godongwana : Finance minister says Treasury and Reserve Bank agreed on importance of lower ...
timeslive.co.za/politics/2025-11-13-fighting-old-friends-on-inflation-part-of-consensus-building-enoch-godongwana/
OpinionConsensus between Godongwana and SARB key to greater growth : Deciding on a new 3% inflation target for SA - who’s the boss?
sundaytimes.timeslive.co.za/business/opinion/2025-11-01-consensus-between-godongwana-and-sarb-key-to-greater-growth/
Enoch Godongwana challenges SARB's inflation target proposals: Finance Minister Enoch Godongwana firmly opposes the South African Reserve Bank's proposed ...
iol.co.za/business/2025-08-06-enoch-godongwana-challenges-sarbs-inflation-target-proposals/
After the Bell: Targeting Lesetja Kganyago — our incoming national sport: Kganyago is doing what a few other people in charge of important institutions are doing ...
dailymaverick.co.za/article/2025-08-04-after-the-bell-targeting-lesetja-kganyago-our-incoming-national-sport/
businesstech.co.za Aug 01 25
Godongwana responds to Reserve Bank’s shock announcement: The Reserve Bank’s unilateral decision to lower its inflation target—bypassing the finance ...
businesstech.co.za/news/government/833851/national-treasury-responds-to-reserve-banks-shock-announcement/
South Africa budget 2025: Finance Minister Enoch Godongwana faces political headache
bbc.com/news/articles/cd92z3823qyo
Next