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Finance Minister Enoch Godongwana delivers the 2025 Budget. Photo: Jeffrey Abrahams/Gallo Images

The Fiscal Cliff | Political chaos as fiscal policy

Taxpayers’ pain has its roots set in a history that the finance minister could not overcome

Unemployed men inJohannesburg wait on a street corner for work for part-time work. Photo: Naashon Zalk/Bloomberg/Getty Images

The Fiscal Cliff | Shallow state purse deepens jobs crisis

In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity

Sewage flows in Scotts Farm, Makhanda (2024). Photo: Lucas Nowicki

The Fiscal Cliff | South Africa treads water over municipal budgets and crumbling sanitation infrastructure

Makana’s budget, and those of most municipalities, need monitoring  and the corrupt and wasteful held to account

(John McCann/M&G)

The Fiscal Cliff | Injustice and impunity: Crime and corruption in austerity’s wake

The treasury has to ask itself what the true cost is of not funding our watchdog institutions

Finance Minister Enoch Godongwana. File Photo

The Fiscal Cliff | Will austerity push South Africa to the brink?

Today, as the country awaits the next update on the state of its public purse, the prospect of a debt crisis seems more imminent than before. This is as South Africa’s fiscal position has deteriorated markedly during the course of this year, a dilemma that could see the treasury inflicting another round of spending cuts.

The African Development Bank (AfDB) says South Africa’s well-developed financial sector has the potential to be the continent’s powerhouse.

The Fiscal Cliff | Is South Africa nearing a debt crisis?

The real issue is that the February 2023 budget was the least credible assessment of the country’s finances since 1994