# Government is increasing its contingency reserve to ten-billion-rand for the 2026/2027 financial year to prepare for drought, the expected El Niño weather pattern and possible further energy-price shocks. The reserve is intended to buffer emergencies that could put additional pressure on households, businesses and government spending. Finance minister Enoch Godongwana says stronger public finances […]
# 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 […]
# The South African Rooibos Council says almost nine in ten young South Africans drink Rooibos regularly, keeping the traditional drink popular. A survey of more than 400 Millennials and Generation Z consumers shows that 59-percent drink it daily, while 84-percent prefer it hot. However, younger drinkers are also experimenting with iced Rooibos, cappuccinos, and […]
# Build One South Africa verwelkom die brandstofverligting ter waarde van tien-miljard-rand wat in die mini-begroting aangekondig is, na herhaaldelike oproepe dat die regering verbruikers moet bystaan wat met stygende koste te kampe het. Die brandstofheffing sal van 4 November met drie-rand per liter vir diesel en een-rand-50-sent vir petrol verlaag word, met verligting wat […]
# Die Nasionale Tesourie sê van die 69 munisipaliteite wie se nasionale befondsing in Junie opgeskort is omdat hulle versuim het om krediteure te betaal, het 37 ingestem tot terugbetalingsplanne wat deur hul rade goedgekeur is. Teen die einde van Julie is 4,2-miljard-rand aan krediteure betaal. Die Tesourie sal ook oor die volgende drie jaar […]
# Die Nasionale Tesourie het besparings van R13-miljard oor die volgende drie jaar geïdentifiseer deur bedrog in maatskaplike toelaes te verminder. Die regering beplan om soortgelyke verifikasiemaatreëls uit te brei na studentebeurse en behuisingsubsidies. Die kontroles sluit biometriese registrasie en kruisverwysing van regeringsdatabasisse in om duplikaat- of bedrieglike eise op te spoor. Die minister van […]
# TLU SA sê minister van Finansies Enoch Godongwana se mini-begroting bevestig sy kommer oor staatsbesteding sonder voldoende resultate. Die landbou-organisasie verwelkom die tydelike verlagings in brandstofheffings en bykomende befondsing vir die landbou, aangesien dit boere sal help wat met stygende produksie- en vervoerkoste te kampe het. Bennie van Zyl van TLU SA sê blywende […]
