Rising government debt servicing hinders social spending
The servicing of government’s rising debt is “crowding out” social spending in the country, says Finance Minister Enoch Godongwana.
The servicing of government’s rising debt is “crowding out” social spending in the country, says Finance Minister Enoch Godongwana.
Revenue collection is expected to fall by some R56 billion below the 2023 Budget predictions, according to the National Treasury Medium Term Budget Policy Statement (MTBPS).
Government is working hard to address deficiencies in the fight against organised crime and illegal financial flows, says Minister of Finance Enoch Godongwana.
South Africa’s medium term economic growth remains weak as a result of the cumulative cost of “power cuts, the poor performance of the logistics sector, high inflation, rising borrowing costs and a weaker global environment”.
Government plans to implement tax and expenditure measures to support the automotive sector to transition to a low carbon economy.
Human Settlements Deputy Minister, Pam Tshwete, says government is finalising the establishment of a Human Settlements Development Bank (HSDB) through legislative framework.
President Cyril Ramaphosa has appointed Advocate Nompilo Kholeka Gcaleka as Public Protector of the Republic of South Africa for a non-renewable term of seven years with effect from 1 November 2023.
Disability grant applicants have been encouraged to lodge an appeal if their application is not approved.
President Cyril Ramaphosa will on Thursday morning welcome the Rugby World Cup Champions, the Springboks, to the Union Buildings in Pretoria.
Government has set out to review areas of cooperation among various stakeholders following the successful International Migration Workshop with traditional leaders and mayors from metro and district municipalities earlier this month.
The Council for Medical Schemes (CMS) released a statement on Tuesday noting and accepting the ruling delivered by the North Gauteng High Court in Pretoria.
Public Works and Infrastructure (DPWI) Minister Sihle Zikalala is expected to address the Property Sector Conference in KwaZulu-Natal on Friday.
Gauteng Education MEC Matome Chiloane is pleased that the first day of the 2023 National Senior Certificate (NSC) examinations, which began on Monday, went well in the province.
With the melting pot of different cultures in the Springbok team, Captain Siya Kolisi has attributed winning the 2023 Rugby World Cup to the champions working together in pursuit of inspiring the nation.
Gender equality transformation hearings in the mining sector, where companies will be accounting for the state of gender transformation in their businesses and workplaces, are expected to kick off this week.