
Coalition politics hampered Budget consensus, says Godongwana
South Africa’s credibility among investors and ratings agencies will depend on whether the government meets the fiscal targets it has set, says Treasury.
South Africa’s credibility among investors and ratings agencies will depend on whether the government meets the fiscal targets it has set, says Treasury.
Recent media reports over the future of NHI have been contradictory and hard to make sense of. Spotlight chased up those in a position to know where things stand – it seems the ANC has not made any major concessions on NHI. There is, however, agreement that medical schemes won’t be phased out in the next few years, something that likely wouldn’t have happened in any case given the poor state of the economy and the long timeline for NHI implementation.
Meanwhile, MPs have questioned the SARB’s push to liquidate Ithala, arguing it conflicts with Parliament’s resolution to support the bank’s growth.
The Cabinet is considering introducing new asset classes to leverage retirement savings for industrial financing.
But statements by the Minister of Health indicate the ANC does not believe material changes to the NHI Act should be made.
Solidarity and AfriForum are the first out of the starting blocks with legal challenges to the NHI Act.
The commissioner says the Revenue Service has put measures in place to meet the revised estimate for revenue collection.
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