Government’s three-year plan to spend R1 trillion on infrastructure
The South African government will spend more than R1 trillion over the next three years on public infrastructure in a show of government’s commitment to driving economic growth.
The South African government will spend more than R1 trillion over the next three years on public infrastructure in a show of government’s commitment to driving economic growth.
Consolidated government spending is expected to increase from R2.4 trillion in 2024/25 to R2.83 trillion in 2027/28 at an annual average of 5.6%.
South Africa’s economy is projected to grow at an average of some 1.8% from 2025 to 2027, despite sluggish growth over the past decade.
An orange level 6 weather warning has been issued for parts of KwaZulu-Natal over the next two days due to ongoing disruptive rains in the area.
In light of new and persistent spending pressures in health, education, transport and security, government has decided to raise value-added tax (VAT) by 0.5 percentage points in each of the next two years, which will bring VAT to 16% in the 2026/27 financial year.
President Cyril Ramaphosa has emphasised that Africa is not only benefitting from the African Growth and Opportunity Act (AGOA) but is also contributing to the partnership in meaningful ways.
The Department of Trade, Industry and Competition (the dtic) will host South Africa’s first G20 Trade and Investment Working Group meeting from 18 - 20 March 2025.
South Africa has reaffirmed its longstanding commitment to the full implementation of the Beijing Declaration and Platform for Action (Beijing+30), which commits to ensuring gender equality and women’s empowerment worldwide.
The North West Department of Human Settlements has received a multimillion rand boost that will aid it to meet its housing development targets.
The deadline for requests for proposals for 31 Department of Public Works and Infrastructure-owned properties has been extended to 30 April 2025.
Cooperative Governance and Traditional Affairs (CoGTA) Minister, Velenkosini Hlabisa, says the review of the founding White Paper on Local Government of 1998 is an opportune chance to reimagine loc
The eThekwini Municipality has announced the planned reopening of the Buffelsdraai landfill site, in the north-west of Durban, following its closure in 2023.
Minister of Finance, Enoch Godongwana, is expected to deliver the 2025 Budget Speech in Parliament today.
President Cyril Ramaphosa has offered his condolences to the families who lost loved ones in a bus crash on the R21 highway, near the OR Tambo International Airport, in Gauteng.
Government will continue engaging with the United States of America administration and other stakeholders to address the mischaracterisation of South Africa, while also strengthening diplomatic ties between the two countries, President Cyril Ramaphosa said.