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Government non-interest expenditure expected to increase

Finance Minister Enoch Godongwana says government non-interest expenditure is expected to increase in 2024/25.

He was delivering the Medium-Term Budget Policy (MTBPS) statement speech in Parliament on Wednesday.

The increase is mainly attributed t…

Mahlobo hails departmental and UNISA partnership

Water and Sanitation Deputy Minister, David Mahlobo, has hailed a partnership between the Department of Water and Sanitation and the University of South Africa’s (UNISA) to enhance the provision of clean and safe drinking water.

Mahlobo met with the…

Government to launch next phase of Operation Vulindlela

Government is expected to launch the next phase of Operation Vulindlela, which is aimed at accelerating the implementation of structural reforms.

This is according to the Medium-Term Budget Policy Statement (MTBPS) released by National Treasury on W…

Reforms to attract infrastructure investment

Minister of Finance Enoch Godongwana has announced reforms that will create conditions to attract greater infrastructure investment by private sector participation.

‘Collectively, the infrastructure reforms will strengthen planning, appraisal, contr…

Government to establish unit to deal with money laundering

As part of efforts to exit the Financial Action Task Force (FATF) grey list, government will establish a shared forensic capability within the Financial Intelligence Centre to strengthen efforts to exit the grey list.

‘From the 2025 Medium-Term Expe…

Government assigns funding for G20 Summit

With South Africa assuming the G20 Presidency later this year, government will assign additional funding to those departments that will be involved in the preparations.

‘This is a rare opportunity that only comes around every 20 years. We intend to …

Government anchors economic growth strategy on four key areas

Over the medium term, government will anchor its economic growth strategy on four key areas in order to support inclusive growth.

This as Finance Minister Enoch Godongwana announced in the Medium Term Budget Policy Statement (MTBPS) speech that econ…

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