South Africa

Provinces continue to make progress in implementing cost containment measures announced by government in 2013 with spending on non-essential goods trend expected to continue.

Cape Town - Government’s gross borrowing requirement is expected to reach R243.3 billion in 2016/17, National Treasury said on Wednesday.

I have the privilege to present our Government’s budget for the fiscal year 2017/18, and the framework for the next three years.

Cape Town - Finance Minister Pravin Gordhan on Wednesday reemphasised the important role that State-owned companies play, saying their governance must be sound as government has high expectations of them.

Cape Town – Finance Minister Pravin Gordhan says government will stabilise debt at about 48% of the Gross Domestic Product (GDP), which is in line with its fiscal consolidation commitment.

Cape Town – National Treasury has announced that government is currently testing the idea of offering voluntary severance packages to civil servants as a push is made to contain the wage bill.

Cape Town – Finance Minister Pravin Gordhan has announced a number of spending areas that are aimed at boosting economic activity and growth across different sectors of the economy.

Cape Town – As Finance Minister Pravin Gordhan tabled what appeared to be a pro-poor budget, he has announced that relief will be given to the affordable housing market.

Cape Town – Finance Minister Pravin Gordhan says social grants will be increased by up to R90 as government provides a safety security net for the poor.

Cape Town – Finance Minister Pravin Gordhan has announced an increase in sin taxes for consumers of alcohol and tobacco.

Cape Town – Finance Minister Pravin Gordhan has proposed a new personal income tax bracket for those earning salaries of above R1.5 million.

Cape Town – Finance Minister Pravin Gordhan says a provision of R5 billion has been set aside to fund the higher education and training sector in 2019/20.

Cape Town – National Treasury says the idea of a graduate tax incentive is unlikely to raise enough monies to fund higher education.

Pretoria - Government says it will study the judgment delivered by the North Gauteng High Court today, which ruled that the executive never had the power to terminate existing inte

Pretoria - The SA Post Office (Sapo) has requested customers, who normally use its Duduza branch, to use the Bluegum View branch after the Duduza branch was damaged by fire as a result of community protests.