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The US Congress was also in the process of passing a budget – perfect timing to compare the fiscal policies of South Africa ...
Absa Corporate and Investment Banking has revised its GDP growth forecast for South Africa from 2. 1% to 1% for 2025, citing ...
South Africans who earn over R30,000 a month or more are overextending themselves to maintain their standard of living.
South Africa's National Treasury will likely announce wider budget deficit forecasts on Wednesday as it struggles to find ...
South Africa’s contingent liabilities tied to failing state-owned companies has skyrocketed over the years – something not ...
This is higher than previous projections when debt to GDP was estimated to peak at 76% during the previous budgets, making it ...
South Africa made only minor adjustments to its spending plans and deficit projections in a third budget presented on ...
South Africa's public debt is set to rise dramatically, with the government borrowing R1. 6 billion daily amid increasing ...
South Africa's banks are bracing for further economic turmoil, which could dent their trade finance revenues and expose their ...
As South Africa braces for Finance Minister Enoch Godongwana’s third budget speech on Wednesday, a wave of expert opinions ...
The Finance Minister’s address was both a warning and a call to action—urging stakeholders across the public and private ...
JOHANNESBURG - South Africa’s fiscal debt to GDP is expected to peak at 77% this year, as the government continues to battle to get public debt under control. The alarming debt figure was ...