trib.al Aug 31 24
South African Finance Minister Says Stable Politics Buoying Rand:
The swift formation of a new coalition government in South Africa after May elections has ...
bloomberg.com/news/articles/2024-08-31/south-african-finance-minister-says-stable-politics-buoying-rand
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businesstech.co.za May 12
Rand takes a big hit: The rand has become the most volatile Emerging Market currency in the Bloomberg ranker of implied volatilities ...
businesstech.co.za/news/finance/860168/rand-takes-a-big-hit-2/
businesstech.co.za May 04
R8 billion company delists after 20 years in South Africa, and war is brewing in Cape Town
businesstech.co.za/news/5-things/859050/r8-billion-company-delists-after-20-years-in-south-africa-and-war-is-brewing-in-cape-town/
businesstech.co.za Feb 24
Best news for the rand in three years: Optimism among traders about the rand is at its highest level in three years, with many expecting the currency to ...
businesstech.co.za/news/finance/851894/best-news-for-the-rand-in-three-years/
South Africa: Quick Explainer - What Causes Changes in the Rand Exchange Rate?: Why the "commodities boom" has made a difference
allafrica.com/stories/202602200084.html
Rand is undervalued, even after year-long rally: Estimates of the rand’s fair value range from R12.23 to R18, but the consensus is that the rand should trade at ...
news24.com/business/economy/rand-is-undervalued-even-after-year-long-rally-20260203-0409
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/
Emerging Stocks, FX Gain as Traders Ditch US on Trump Policy Risks: Emerging-market currencies and stocks advanced on Friday, as President Donald Trump’s renewed ...
bloomberg.com/news/articles/2025-05-23/emerging-stocks-fx-gain-as-traders-ditch-us-on-policy-risks
Paid articlePaywall trib.al Nov 03 24
South Africa Budget: Godongwana Says Unlikely to Set Lower CPI Goal Soon: South African Finance Minister Enoch Godongwana warned that the adoption of a binding ...
bloomberg.com/news/articles/2024-10-31/south-africa-s-central-bank-unlikely-to-get-lower-cpi-goal-soon
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WATCH LIVE | President Cyril Ramaphosa announces his GNU Cabinet: After fierce and public sparring between the ANC and the DA, President Ramaphosa is finally ...
iol.co.za/news/politics/watch-live-president-cyril-ramaphosa-announces-his-gnu-cabinet-688bc7e3-5f09-4218-b03e-9842127dd81f
South African Rand Rallies as Godongwana Retains Finance Post: South Africa’s rand extended a post-election rally after President Cyril Ramaphosa announced a new ...
bloomberg.com/news/articles/2024-07-01/south-african-rand-rallies-as-godongwana-retains-finance-post
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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.
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
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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.
Tax changes anticipated as higher debt peak is forecast in South Africa: South Africa's gross debt is expected to rise to R6.52-trillion in 2026/27 ...
timeslive.co.za/news/south-africa/2023-11-02-tax-changes-anticipated-as-higher-debt-peak-is-forecast-in-south-africa/
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
South African rand edges higher against dollar: The South African rand edged higher on Wednesday, reversing some of the losses incurred the previous day after ...
reuters.com/markets/south-african-rand-inches-up-before-retail-sales-data-2023-08-16/
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6N7EECECZJOSPHVG6BMSMLVC4A.jpg)
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.
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