The South African government has expressed concern about the ongoing tensions at the Ukraine and Russia border, as the situation - if allowed to further deteriorate - could have regional and global ramifications.
The Portfolio Committee on Agriculture, Land Reform and Rural Development has sent its condolences following the death of Inkosi Ngangomhlaba Matanzima, who passed away on Tuesday after a long illness.
President Cyril Ramaphosa says the Global Fund remains vital to building strong African health care systems and has encouraged global leaders to show support for the 7th Replenishment of the fund.
The South African Revenue Service (SARS) says it welcomes the upwardly revised revenue collection estimate announced by Minister of Finance, Enoch Godongwana.
Stakeholders in the South African fruit industry have adopted the Fruit Industry Social Accord, which commits them to work together to achieve socio-economic growth to best position the fruit industry as a world leader.
With many households and businesses still under financial pressure, National Treasury will not be increasing taxes to keep money in the taxpayer’s pocket.
National Treasury and the Department of Public Service and Administration (DPSA) are working together to keep the compensation baseline within affordable limits.
Excise duties on alcohol and tobacco will increase by between 4.5% and 6.5%, Finance Minister Enoch Godongwana has announced.
Finance Minister Enoch Godongwana says government will introduce a new tax of R2.90 on vaping products from January next year.
National Treasury says to reverse the disturbing trend of using the public purse to service debt costs, a portion of the revenue improvements will be used to reduce the deficit over the next three years.
Effective for tax years ending on or after March 2023, Corporate Income Tax will be reduced by a percentage point in a move aimed at encouraging investment and curbing avoidance.
Headline inflation is projected at 4.8% in 2022 and 4.4% in 2023, National Treasury said on Wednesday.
National Treasury has tabled a basket of proposals aimed at supporting poor and vulnerable households, while staying on course to restore the health of the public purse.
Finance Minister Enoch Godongwana has announced that general public services will, over the next three years, reprioritise R2.4 billion to modernise information and communication technology, as well as fund the shortfall in the allocation for the Integrated Financial Management System (IFMS).
The country’s real Gross Domestic Product (GDP) is expected to grow by an average of 2.1 % in 2022, Finance Minister Enoch Godongwana said on Wednesday.
