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Move to tap forex reserve is ‘sensible’
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Treasury’s Pieterse: Transnet bailout ‘not inevitable’
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Social wage bill consumes R1.2 trillion of government revenue
Most government tax revenue collected will be used to pay the social wage bill with additional…
Budget 2024: Government proposes electric vehicle tax incentive
Meanwhile, the government has proposed to increase the motor vehicle emissions tax rate for passenger vehicles…
NHI plans to revitalise hospitals
Finance Minister Enoch Godongwana has allocated R848 billion to the public health system over the medium…
Budget 2024: Tough line on bailouts could see Eskom debt relief cut by R2 billion
The government has proposed that allocations to Eskom through the debt relief programme be cut by…
Budget 2024: Treasury responds to Ramaphosa’s promise to ‘extend and improve’ SRD grant
The treasury has made provisional allocations of R35 billion in 2025/206 and R36.7 billion in 2026/27…
Budget 2024: State to tap into R500 billion forex reserve
The government will draw R150 billion from the Gold and Foreign Exchange Contingency Reserve Account (GFECRA)…
Budget 2024: Godongwana inflicts pain on individual taxpayers
The South African Revenue Services (Sars) has targeted individual taxpayers to collect most of the additional…