South Africa's finance minister Malusi Gigaba failed to impress when presenting the eagerly awaited 2017 medium term budget.
South Africa waits with bated breath for the 2017 medium term budget policy statement from new Finance Minister Malusi Gigaba, as it might reveal key signals of where economic policy is headed.
In an attempt to plug a growing deficit, South Africa is increasing wealth taxes.
In his 2017/18 budget speech, South Africa's finance minister Pravin Gordhan opted to focus on taxing high income earners to find desperately needed money.
South Africa’s Minister of Finance Pravin Gordhan flanked by his deputy Mcebisi Jonas and Director-General Lungisa Fuzile.
A lot more goes into the making of South Africa's final national budget than many people realise. The process involves extensive legalities designed to ensure public oversight.
Thousands wait in line outside the social services office in Cape Town to register for grants.
The unfolding social grant payment crisis in South Africa threatens the livelihoods of a third of the country's population.
Of 1082 Indigenous specific.
programs identified in the report,
92% have never been evaluated to see if they are achieving their objectives.
A new report highlights how little we know about what works and what doesn't when it comes to publicly-funded Indigenous programs. It's a similar story in other policy areas – but we can do better.
Government spending, in part, reflects the policy commitments and borrowings of previous governments.
AAP Image/Dan Himbrechts
Shadow treasurer Chris Bowen told journalists that since the last federal election, the government has had spending as a percentage of GDP at GFC levels. Is that right?
Was federal treasurer Scott Morrison right about falling government expenditure?
AAP Image/Mick Tsikas
Federal treasurer Scott Morrison said that expenditure as a share of the economy under this government is falling, not increasing. Is that right?
South Africa’s Finance Minister Nhlanhla Nene has a difficult task of performing a balancing act as the country’s economy grows slowly.
South Africa needs to spend more to stimulate economic growth. But this should not be unproductive or wasteful expenditure.