Treasury moves to lock fiscal strategy into law
The proposed framework would require future administrations to set out fiscal plans consistent with sustainable public finances and a declining debt burden.
#DuncanPieterse
Treasury calls July municipal intervention a success – but the bigger fix is still ahead
The funds were released despite incomplete compliance, with municipalities now subject to structured programmes and deadlines aimed at correcting financial and governance failures.
Treasury faces seven-day deadline over withheld municipal funds
Lawmakers want legal questions over withheld equitable-share allocations resolved as Treasury begins releasing billions of rand to compliant municipalities.
Treasury signals harder line on failing municipalities
Treasury Director-General Duncan Pieterse says municipalities that fail to reform may increasingly lose operational control of key services.
Holding the line: fiscal discipline takes centre stage
National Treasury Director-General Duncan Pieterse says South Africa’s core fiscal challenge is structurally low economic growth that trails population expansion.
Tight-lipped Treasury braces for tough Budget to plug R75bn shortfall
Finance Minister Enoch Godongwana won’t reveal where the spending cuts or savings will come from but says South Africa must “do more with less”.
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.
National Treasury eyes digital public infrastructure overhaul
But with challenges around outdated systems, procurement bottlenecks, and cybersecurity risks, will the government be able to harness the full potential of South Africa’s digital future?
