# Union federation COSATU has expressed disappointment with the Medium-Term Budget Policy Statement, saying government missed an opportunity to introduce bold measures to address South Africa’s deepening socio-economic challenges. Finance minister Enoch Godongwana tabled the budget in Parliament yesterday, where he stated that the country’s debt has stabilised while announcing a temporary fuel levy relief. COSATU’s […]
Die ANC verwelkom die Mini-begroting, en loof veral die tien-miljard-rand aan brandstofverligting, asook die voortgesette ondersteuning vir meer as 18-miljoen ontvangers van toelaes. Die minister van Finansies, Enoch Godongwana, het gister die Mini-begroting in die Parlement voorgelê waar hy ʼn verlaging in die algemene brandstofheffing aangekondig het. Die ANC se sekretaris-generaal, Fikile Mbalula, sê die […]
# Die EFF beskuldig die minister van Finansies, Enoch Godongwana, dat hy sy fiskale magte misbruik deur die brandstofheffing sonder parlementêre goedkeuring aan te pas. Die minister het gister die Mini-begroting in die Parlement voorgelê en ʼn verlaging in die algemene brandstofheffing aangekondig. Die heffing word volgende maand verlaag met drie-rand per liter vir diesel […]
# The EFF has accused minister of Finance Enoch Godongwana of misusing his fiscal policy powers by arbitrarily increasing or decreasing the fuel levy without parliamentary approval. While tabling the Medium-Term Budget Policy Statement in Parliament yesterday, the minister announced a reduction in the general fuel levy. The levy will be reduced by three-rand per […]
# The ANC has welcomed the Medium-Term Budget Policy Statement, specifically praising the ten-billion-rand fuel relief and the continued backing for over 18-million social grant recipients. Finance minister Enoch Godongwana tabled the budget in Parliament yesterday, where he announced a reduction in the general fuel levy. ANC Secretary-General Fikile Mbalula says the minister is correct […]
# TLU SA says Finance minister Enoch Godongwana’s medium-term budget policy statement confirms its concerns about government spending without sufficient results. The agricultural organisation welcomes temporary fuel levy cuts and additional funding for agriculture, as it will help farmers facing rising production and transport costs. TLU SA’s Bennie van Zyl says lasting improvements require reliable […]
# National Treasury has released draft legislation for public comment aimed at making long-term fiscal discipline a formal part of South Africa’s public-finance system. The proposed fiscal anchor would require each new administration to set its own financial objectives in line with its electoral mandate and explain significant departures to Parliament. Finance minister Enoch Godongwana […]
# The National Treasury says of the 69 municipalities whose national funding was suspended in June due to failure in paying creditors, 37 had agreed to council-approved repayment plans. By the end of July, 4.2-billion-rand had been paid to creditors. Treasury will also add 3.5-billion-rand over the next three years to expand smart-meter programmes, intended […]
# National Treasury has identified 13-billion-rand in savings over the next three years by reducing fraud in social grants. The government plans to extend similar verification measures to student bursaries and housing subsidies. The checks include biometric enrolment and cross-checking government databases to detect duplicate or fraudulent claims. Minister of Finance Enoch Godongwana says the […]
