debt sustainabilitylatest news & developments
President Cyril Ramaphosa. (Photo: by PresidencyZA)

Ramaphosa links debt reform to global inequality fight

In his weekly newsletter, the president said the G20 must urgently address the fiscal conditions that have left low- and middle-income countries unable to build resilience or recover from shocks

  • Eyaaz
3 min read
Edward Kieswetter says taxpayers’ willingness to comply has been eroded by poor governance. (Screenshot: YouTube)

Unequal society burdens South Africa’s tax system, says Sars head

Edward Kieswetter says taxpayers’ willingness to comply has been eroded by poor governance

  • Eyaaz
5 min read
(Graphic: John McCann/M&G)

China’s Belt and Road shifts focus to Africa with record-breaking investments

Investors are increasingly agreeing to African governments’ demands for local mineral beneficiation, driven by their need to secure access to the continent’s valuable resources

  • Eyaaz
5 min read
President Cyril Ramaphosa said the uncertainty of the new trading regime had already harmed the country’s economy

Ramaphosa calls for ‘rules-based order’ to protect the vulnerable

Addressing G20 finance ministers, the president said a rules-based international order was needed to manage tension and resolve conflicts

  • Emsie Ferreira
3 min read
Zane Dangor, director general of the department of international relations and cooperation and South Africa’s sherpa, told a media briefing late on Tuesday that it was necessary to assess the purpose of the G20. (Lefty Shivambu/Gallo Images)

G20 sherpa meeting proposes review of group’s role and mandate

South Africa plans a comprehensive assessment of achievements and challenges

  • Eyaaz
3 min read
Finance Minister Enoch Godongwana. Photo: Dwayne Senior/Getty Images

Mid-term budget: Godongwana maintains line on austerity

Finance Minister Enoch Godongwana has doubled down on the government’s fiscal consolidation efforts by reducing spending from 28.6% of GDP in the 2023-24 financial year to 27.6% in 2024-25.  This largely reflects measures implemented in recent years and slower growth projected in non-interest expenditure relative to GDP, the treasury said in its medium-term budget policy […]

  • Eyaaz
3 min read