Author: Mpho Sibanyoni

Demand for payment
Business

Plan to craft legislation to curb government debt from rising

As the gross government debt is projected to reach R5.69-trillion in 2025, the National Treasury wants to introduce legislation aimed at curbing government debt... Read more.
Social wage expenditure to reach R1.3tn in next financial year
News

Godongwana wants 30 000 elderly public servants to retire

Finance Minister Enoch Godongwana has revealed that the government plans to terminate the contracts of up to 30 000 elderly public servants. These details are contained... Read more.
Godongwana’s growth projection a pie in sky – economists
Breaking News

Budget | Grant recipients big losers, construction firms winners

Finance Minister Enoch Godongwana’s failed bid to increase the value-added tax (VAT) by two percentage points to 17% from 15% will hit social grant recipients... Read more.
‘Bosses must pay for mine fatalities’ 
Business

‘Bosses must pay for mine fatalities’ 

Mineral and petroleum resources minister Gwede Mantashe has poured cold water on suggestions that mining bosses should be held accountable for deaths taking place... Read more.
Enoch Godongwana, finance minister, VAT increase, public outrage, economic policy, cost of living, taxation, government spending, public office, political criticism, economic freedom, Madiba clan, public finance, fiscal policy, economic inequality, government accountability, public dissatisfaction, retirement, political leadership, Enoch Godongwana, finance minister, VAT increase, public outrage, economic policy, cost of living, taxation, government spending, public office, political criticism, economic freedom, Madiba clan, public finance, fiscal policy, economic inequality, government accountability, public dissatisfaction, retirement, political leadership, social commentary.
News

Markets welcome Budget delay 

The improved value of the rand was one of the clearest indicators that the markets have given the unprecedented postponement of the budget speech the thumbs up. ... Read more.
News

Transnet needs R100bn injection

Finance Minister Enoch Godongwana will need to pump close to R100-billion into Transnet’s balance sheet to make the state-owned entity commercially viable and... Read more.
BMF's take on SONA
Business

Black managers disappointed by Ramaphosa’s Sona

The Black Management Forum (BMF) expressed disappointment over President Cyril Ramaphosa’s 2025 state of the nation address (Sona), describing it as uninspiring.... Read more.
Economists urge Ramaphosa to use Sona meaningfully
News

Economists urge Ramaphosa to use Sona meaningfully

President Cyril Ramaphosa’s first State of the Nation address (Sona) as the president of government of national unity (GNU) will be delivered at a time when the... Read more.
Put land reform top of the National Dialogue agenda
News

New expropriation law ‘falls short on resolving the land question’ 

The National African Farmers Union (Nafu) believes that the new Expropriation Bill, which President Cyril Ramaphosa signed into law on Thursday, will not benefit... Read more.