South Africa

Government will continue to support local companies to grow through a range of incentive packages, Finance Minister Malusi Gigaba said on Wednesday.

National Treasury will issue a directive to all government departments and public institutions instructing them to pay suppliers within 30 days, Finance Minister Malusi Gigaba said on Wednesday.

Government has made additional allocations to Statistics South Africa (Stats SA) to finance the 2021 Census.

Finance Minister Malusi Gigaba says social grants will be increase by above inflation rates.

Finance Minister Malusi Gigaba says R6 billion has been allocated towards drought relief and to augment public infrastructure investment.

Finance Minister Malusi Gigaba’s Budget Speech has seen him make “difficult decisions” to address a revenue shortfall and to fund free higher education.

Finance Minister Malusi Gigaba says government expects the budget deficit to narrow to 3.5% over the next three years.

Finance Minister Malusi Gigaba has announced an increase on excise duties that will leave smokers and drinkers with a hangover.

Households who consume finer items of the food basket like rye and low GI bread will from 1 April need to dig deeper into their pockets.

Finance Minister Malusi Gigaba said the National Treasury, in close cooperation with the Reserve Bank, the Financial Intelligence Centre and the South African Revenue Service, is taking several steps to detect, disrupt and deter illicit financial flows.

Applications for fully-funded international scholarships for 2018 are now open for South Africans to study abroad.

President Cyril Ramaphosa says the day in which the SS Mendi sank, is a day that allows the country to remember all the men and women who have paid the ultimate price in defence of freedom, peace and justice.

The Gauteng government says it will leave no stone unturned to fight Listeriosis, as the province carries the highest burden of the diseases in the country.

President Cyril Ramaphosa says government has a national plan to create jobs and make a dent on poverty and inequality.

This afternoon Finance Minister Malusi Gigaba will table his maiden Budget speech in the National Assembly.