Real GDP is projected to grow to 1.9% in 2025, down to 1.75% in 2026 and back up to 1.9% in 2027. The higher budget deficit ...

Finance Minister Enoch Godongwana on Wednesday revealed significant cuts to social grant allocations while extending the ...

Finance Minister Enoch Godongwana reveals plans for VAT increases and essential support measures for low-income households in the 2025 Budget Speech.

Finance Minister Enoch Godongwana has announced a R284.7 billion allocation for social grants, leading to a bigger increase ...

The new average excise duties are only a fraction less than what Finance Minister Enoch Godongwana planned to impose in ...

Finance Minister Enoch Godongwana previously indicated before February’s budget postponement, that infrastructure continues ...

Finance Minister Enoch Godongwana said another 0.5% increase will then be introduced next year. This will bring the VAT rate to 16% in 2026. Godongwana announced this on Wednesday while delivering his ...

Finance Minister Enoch Godongwana has given social grants a big boost in 2025—and says government is laying the groundwork ...

The move comes amid the continued spotlight on the deployment of SANDF troops in the Democratic Republic of Congo.

Finance Minister Enoch Godongwana said these funds will enable government to respond swiftly to climate-related emergencies.

In a significant boost to South Africa's peacekeeping efforts, Finance Minister Godongwana's 2025 Budget allocates R5 billion ...

Godongwana tabled the revised budget for 2025 at the National Assembly on Wednesday afternoon, setting the tone on financial, economic and social priorities.