finance ministerlatest news & developments
Finance Minister Enoch Godongwana has financially backed President Cyril Ramaphosa’s Sona. (GCIS)

Godongwana financially backs Ramaphosa’s tough talk on crime

Finance Minister Enoch Godongwana has signalled increased spending on peace and security in his budget speech from R268.2 billion in 2025/26 to R291.2 billion in 2028/29. The allocation follows President Cyril Ramaphosa’s announcement in his State of the Nation address (Sona) that the defence force will be deployed alongside the police to combat illegal mining […]

As Botswana’s first vice-president and finance minister (1966-80), Ketumile Masire helped rescue Botswana from the category of the third most impoverished nation in the world. File photo

Tribute to Sir Ketumile Quett Joni Masire, a founder of Botswana, on his centennial birthday

Masire is an unassuming leader who deserves to be remembered as one of the greatest African pioneers of post-colonial history

Finance Minister Enoch Godongwana.

High court suspends VAT hike

The Democratic Alliance launched the application against the finance minister, the South African Revenue Service, the Speaker of the National Assembly and the Chairperson of the National Council of Provinces.

Finance Minister Enoch Godongwana.

Fractured treasury: Do biases and ideology trump evidence-based reasoning?

The recent drama over the budget spotlights the need to scrutinise our financial institutions, the treasury in particular

Finance Minister Enoch Godongwana did not announce a budget allocation to plug the gap created by the termination of USAid funding to HIV/Aids organisations (Photo by Luke Dray/Getty Images)

No allocations for Pepfar in health budget

The recent termination of USAid to HIV/Aids and TB organisations in South Africa was a bone of contention in the 2025 budget

The government is struggling to balance its books and generate sufficient revenue

Proposed 2% VAT hike indicative of a deep fiscal health crisis

The government is struggling to generate sufficient revenue development and deal with the country’s debt-to-GDP ratio

Finance Minister Enoch Godongwana. Photo: Madelene Cronje

Parties warn Godongwana against tax hikes ahead of budget speech

Last year, the finance minister hinted there would be tax increases in 2025

Over the past decade, the South African Post Office has had significant business problems, including debt to creditors and poor revenue collection.

Mid-term budget: ‘Tough love’ for Post Office, which faces liquidation

The treasury also did not allocate new funds to other struggling state-owned entities such as Denel, Transnet, the Land Bank and the South African National Roads Agency

Former finance minister, Tito Mboweni. (Waldo Swiegers/Bloomberg/Getty Images)

Business leaders remember Mboweni as self-starter, resolute

He leaves a legacy as a champion of labour rights, fiscal and monetary reform and prudent government spending

Formr Minister of Finance Tito Mboweni and President Cyril Ramaphosa after last year’s budget speech. (Photo by Brenton Geach/Gallo Images via Getty Images)

‘We have lost a leader and compatriot’ – Ramaphosa on Tito Mboweni’s death

Ramaphosa extended his condolences to Mboweni’s family and friends, calling the news “a shock”

Former public enterprises minister Pravin Gordhan.

Pravin Gordhan set the benchmark for public service and dedication to the cause

Not everyone liked the late former public enterprises minister, but everyone respected him

Pravin Gordhan.  (Delwyn Verasamy/M&G)

Pravin Gordhan, former public enterprises minister and lifelong political activist, dies

Gordhan passed away after what his family said was a short battle with cancer