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National Treasury says a ghost worker audit has identified 4 323 suspicious cases in the PERSAL system and that a verification process is under way. The department says employees who cannot be physically verified will have their salaries withheld and their employment status suspended. It says compensation of employees accounts for nearly one-third of consolidated expenditure National Treasury says its …

Since 2008/09, government’s debt ratio has more than tripled however, Finance Minister Enoch Godongwana forecasts the country’s debt-service costs to fall. Godongwana says gross debt will stabilise as a share of GDP in 2025/26, at 78.9 percent. While delivering this year’s Budget Speech in Parliament, Cape Town, he said, “In 2026/27 it falls further to 77.3 percent of GDP and …

Those trying their luck with online gambling may soon have to pay tax on their winnings. There is a proposal for a tax of 20% on gross gambling revenue generated by online gambling. National Treasury published a draft national online gambling tax discussion paper for public comment in November 2025. The department says, “This tax would be in addition to …

Social grant recipients will receive an increase aligned with the rate of inflation. Finance Minister Enoch Godongwana says, “For 2026/27, social grants are allocated R292.8 billion, enabling the increases”. National Treasury says social grants constitute the largest share of spending on social development. The old age grant, disability grant and care dependency grant will increase by R80 to R2 400. …

Finance Minister Enoch Godongwana says the local economy is gaining traction, reflecting early momentum gained from the ongoing economic reforms. Godongwana presented a R2.7 trillion budget in a more positive backdrop, despite the global uncertainty that is still lurking. He says growth is gaining momentum, supported by continued structural reforms, improving confidence, lower interest rates and higher investment. The local …

By Kayiira Jackson  The stage is set for an exciting battle of Uganda’s top school teams after the draws for the 7th edition of the Elite Schools Championship were conducted on Wednesday at the USSSA head offices at GNS Plaza in Kampala. The draws for seven disciplines were presided over by the Head of Technical, Ayub Khalifa Kiyingi, in the …

After two years with no inflationary relief, Finance Minister Enoch Godongwana has adjusted the personal income tax bracket and rebates to compensate individuals for the effect of inflation. Godongwana says these additional tax measures are to ease the financial burden on households and businesses. Tabling the Budget Speech in Cape Town on Wednesday, Godongwana conveyed to Parliament that the national …

Finance Minister Enoch Godongwana tables the national Budget in Parliament in Cape Town on Wednesday. LIVESTREAM:  www.sabcnews.com, https://www.sabcnews.com/sabcnews/live-finance-minister-delivers-2026-budget-speech/

Some parliamentary political parties do not expect Finance Minister Enoch Godongwana to make any changes to taxes when he delivers his budget speech on Wednesday afternoon. They are also calling for a budget that will reset the socio-economic challenges facing South Africans. Action SA says it does not expect any tax increases in Wednesday afternoon’s National Budget Speech. Finance Minister …

The Madlanga Commission of Inquiry has remained mum on the possible appearance of entertainment blogger Musa Khawula before the Inquiry. On Tuesday evening, Khawula shared communication on the social media platform X from a senior investigator who is believed to work for the Commission. hi babies! @MbalulaFikile and ze nxumalo, what are ya’ll gonna do after all the lies and …

Western Cape Police are investigating a double murder after two men were shot at the Witsand taxi rank in Atlantis. Police Spokesperson FC van Wyk says one of the victims died on the scene and the other at a nearby hospital. He says the Taxi Violence Investigation Unit is probing the matter. Van Wyk says, “According to reports, SAPS members …

The Garden Route District Municipality has confirmed that four farms have now tested positive for foot-and-mouth disease (FMD). Municipality Spokesperson Herman Pieters says all the farms are located in the Mosel Bay area. Two weeks ago, the index farm was identified in Hartenbos. State veterinarian Dr. Leana Janse van Rensburg says vaccination efforts are ongoing. A quarantine zone has been established …

Activists opposed to budget cuts have gathered at Hanover Street in the Cape Town CBD ahead of a march to Parliament. This as Finance Minister Enoch Godongwana is set to deliver his budget speech this afternoon. Groups include the United Nations Declaration of the Rights of Peasants and the social movement Cry of the Excluded. Spokesperson for the organisers, Maddo …

The South African minister of electricity and energy, Kgosientsho Ramokgopa, is proposing to suspend the country’s carbon tax after experiencing pressure from fossil fuel lobbies. The carbon tax is based on a “polluter pays” principle under the Carbon Tax Act, which increases the cost of fossil fuel-intensive activities. When the law was passed in 2019, carbon emissions were taxed at …

The African National Congress (ANC) says it wants to hear how Finance minister Enoch Godongwana, will finance President Cyril Ramaphosa’s State of the Nation Address plans, when he delivers his budget in Parliament on Wednesday afternoon. Godongwana will table this year’s proposed budget to MPs at the Dome structure, across Parliament. The Domed is serving as the chamber until rebuilding …