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Home / Posts tagged “#EnochGodongwana”

#EnochGodongwana

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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SARB ramps up 3% inflation goal – Godongwana insists on due process

The Reserve Bank’s repo rate cut by 25bps to 7% signals the start of a more accommodative cycle as inflation remains firmly under control.

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GNU secures first Budget as NCOP passes Appropriation Bill

Government departments can now implement their spending plans for services, infrastructure, and social programmes.

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Budget deadlock ends as National Assembly approves Appropriation Bill

The National Assembly has passed the 2025 Appropriation Bill, unlocking R2.3 trillion in government spending.

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Fuel levy rises despite court challenge, but price drop cushions blow for motorists

The fuel levy hike remains in force, but a broader court challenge over the finance minister’s power to increase taxes continues.

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Budget | Citizens benefiting from only a quarter of spending

Is it time for ‘a proper austerity budget’ that will free up funds for growth-boosting infrastructure projects and service delivery?

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FSCA investigating banks’ transaction fees

The Authority has found wide discrepancies in charges for similar services across banks, says Godongwana.

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R2bn Ithala guarantee sparks row over fiscal risk to KZN

The Minister of Finance’s bailout plan for Ithala’s retail depositors has drawn sharp criticism from KZN’s Finance MEC Francois Rodgers, who warns the deal’s fine print could leave the province footing a hefty bill.

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Constitutionality of the minister’s power to amend tax rates remains untested

UCT tax lecturer Ben Cronin argues that by allowing the minister to amend the income tax rates by announcement in the Budget, Parliament has overstepped its competence, eroding the doctrine that places legislative authority firmly in its hands.

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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”.

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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.

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VAT hike halted – but legal uncertainty keeps SA on fiscal edge

Tax specialist Louis Botha answers pressing questions about the suspended VAT increase and its broader implications for budget-making power and taxpayer rights.

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Budget 3.0 coming after court-backed VAT suspension and new Rates Bill

SARS tells vendors there is now no legal basis for them to charge consumers VAT of 15.5% from 1 May.

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Ithala’s fate hangs in the balance amid legal battles and funding disputes

Ithala depositors remain locked out of their funds while disputes over frozen accounts, strategic alliances, and government guarantees deepen.

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Godongwana given 30 days to revise Budget after VAT reversal

The ANC and the DA present South Africans with different versions of what led to the decision to halt the increase.

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Godongwana says VAT court challenge is politics in legal clothing

The finance minister defends the VAT hike as an urgent fiscal necessity, warning that suspending it could blow a R13.5bn hole in the Budget.

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Godongwana reassures Ithala’s depositors with R2bn guarantee

The minister’s address to the FSCA conference also touched on regulation, South Africa’s G20 presidency, political tensions over the Budget, and economic growth.

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Higher VAT will impact business operations and consumer spending

The Minister of Finance cites an average 19% VAT among peers to argue that South Africa’s 15% rate is low, but isolated comparisons miss key factors such as exemptions, corporate rates, and overall business costs.

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Investment Rates

 

Updated 11 August 2025

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Money Market funds

Updated 11 August 2025

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N-e-FG: Tribunal dismisses R470m ‘pay-back offer’
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  • Apex court clarifies timing of dependency test for death benefit payouts
  • SA’s growth outlook brightens – but personal inflation could dim the gains
  • Tax disputes: compliance and the interests of justice trump rigid timelines
  • FSCA publishes final Conduct Standard for benefit administrators
  • Funds must fully verify dependency before allocating a death benefit
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