South Africa risks going from hero to zero
The searing rally across South African assets this year risks running out of steam unless economic growth picks up enough to make a dent in the nation’s sky-high unemployment rate.
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Budget Speech | Godongwana | SARS | Tax
Taxpayers could get a R20 billion ‘gift’ from government if SARS does its job
Finance Minister Enoch Godongwana says that R20 billion in additional tax measures for 2026 could be withdrawn if SARS fulfils its end of the bargain and collects more debt as promised.
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South Africa is getting a new state-owned agency
Finance Minister Enoch Godongwana has highlighted the state’s plan to increase infrastructure spending.
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Big inflation target announcement expected soon
Fitch Ratings expects South Africa’s National Treasury to formally lower the nation’s inflation target to 3% next month, endorsing the central bank’s adoption of the goal in July.