Latest News & Developments
Social Development Minister Sisisi Tolashe has announced an investigation into vulnerabilities in the social grant systems that threaten to exploit the most vulnerable in society.
Parliamentary finance committees met to discuss South Africa's economic policies, with COSATU strongly opposing the proposed VAT increase that they argue will harm working-class families already struggling with inflation and high unemployment.
Finance Minister Enoch Godongwana reveals significant increases in social grants for 2025/26, including adjustments to old age, disability, and child support grants, while extending the Covid19 Social Relief of Distress grant.
As South Africa prepares for its most contentious budget in years, Chief Economist Casey Sprake reveals how US aid cuts, social grant pressures, and global uncertainties could reshape the nation's fiscal landscape. Beyond the VAT controversy, multiple challenges threaten to test Godongwana's strategic planning.
Finance Minister Enoch Godongwana faces criticism for suggesting a VAT increase or cuts to Covid-19 Social Relief of Distress grants, with activist Darren Campher calling it a betrayal of the poorest South Africans.
BOSA leader Mmusi Maimane emphasises the urgent need for decisive government action to tackle the unsustainable budget deficit, warning of dire economic consequences if critical fiscal decisions are not made.