Cape town: Government has launched the Procurement Payments Dashboard to improve transparency and accountability in public procurement. This was announced by Finance Minister Enoch Godongwana during the Medium Term Budget Policy Statement (MTBPS) in Parliament on Wednesday. The dashboard will use data pulled from government’s payments systems including the Basic

Cape town: The Minister of Finance, Enoch Godongwana, will deliver the Medium-Term Budget Policy Statement (MTBPS) at a sitting of the National Assembly at the Good Hope Chamber in Parliament, today, Wednesday, 12 November 2025. The MTBPS plays a critical role in the overall budget process, as it sets out

Pretoria: The South African Revenue Service (SARS) has welcomed Finance Minister Enoch Godongwana’s Medium-Term Budget Policy Statement (MTBPS), delivered on Wednesday, showing that the revenue service collected over R900 billion in revenue. By 30 September 2025, SARS had collected a net revenue of R924.7 billion, drawn from gross collections of

Pretoria: The announcement of a new inflation target for South Africa of 3% with a 1 percentage point tolerance band follows agreement between the Governor of the South African Reserve Bank (SARB) Lesetja Kganyago and the Minister of Finance Enoch Godongwana. Minister Godongwana, who made the announcement during the Medium

Cape town: In a landmark moment for South Africa’s monetary policy agenda, the government has decided to reduce the country’s inflation target to 3%, with a 1 percentage point tolerance band. This strategic move is expected to lower the cost of living and borrowing for households, businesses, and the government,

Johannesburg: The Ministry of Water and Sanitation has reaffirmed its commitment to accelerating equitable and sustainable access to water and sanitation services across South Africa. The commitment was made at the Association of Water and Sanitation Institutions of South Africa (AWSISA) Africa and Global South Water and Sanitation Dialogue, which

Pretoria: Despite the introduction of the municipal Eskom debt relief programme in 2023, municipalities are still battling to address ballooning debt to the power utility. According to South African Government News Agency, the debt has grown to some R94 billion as of the end of March this year, up from

Johannesburg: National Treasury expects South Africa’s economy to grow by some 1.2% this year – marginally down from the 1.4% forecasted in the 2025 Budget. This according to the Medium Term Budget Policy Statement (MTBPS) released by National Treasury on Wednesday. According to South African Government News Agency, the department