public debtlatest news & developments
Set for presentation: Finance Minister Enoch Godongwana arriving at Parliament to deliver the budget. He is flanked by South African Reserve Bank governor Lesetja Kganyago, left, and South African Revenue Service commissioner Edward Kieswetter. Photo: GCIS

Budget: debt peaks but growth lags

The projected economic growth trajectory remains insufficient to address structural unemployment

  • Eyaaz
6 min read
Finance Minister Enoch Godongwana. Photo: Supplied by the Government Communication and Information System (GCIS)

Economists split on whether 2026 budget marks a real turning point

The growth outlook is insufficient to alter unemployment dynamics, some argued

  • Stella Mapenzauswa
6 min read
Finance Minister Enoch Godongwana. (GCIS)

Godongwana holds better budget cards but economic recovery remains inadequate

Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth

  • Eyaaz
6 min read