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Budget speech

New study finds child support grant 'not enough' for CT single mother households

By Kaylynn Palm

On Thursday, recommendations were handed over to government in a research report titled: 'Children, Social Assistance and Food Security'.

  • Finance Minister Enoch Godongwana. Picture: @TreasuryRSA/Twitter

    Godongwana: Income support for poor a step towards inclusive growth

    Currently, 46% of the country’s total population is reliant of one or other form of government support to survive as poverty rates keep climbing.

    87 days ago
  • FILE: New Minister in the Presidency Mondli Gungubele and President Cyril Ramaphosa at the swearing-in ceremony at the Union Buildings in Pretoria on 6 August 2021. Picture: GCIS

    Expenditure in Presidency to increase to R637.9m for 2022, says Godongwana

    Many have voiced worries about the duplication of government roles as well as the costs involved in housing so many experts in the Presidency.

    87 days ago
  • Eskom Megawatt Park. Picture Xanderleigh Dookey-Makhaza/Eyewitness News.

    Economists concerned about Godongwana's approach to SOEs in Budget

    Developmental economist, Ndumiso Hadebe, has pointed out the silence on how to address the ailing state-owned entities, while chief economist at IQ Business, Sifiso Skenjana, wanted to hear more about the plan to deal with Eskom’s debt.

    87 days ago
  • Enoch Godongwana on 23 February 2022. Picture: GCIS

    Godongwana's Budget didn't go far enough in meeting Ramaphosa's Sona vision - DA

    The Democratic Alliance (DA), in its criticism of Godongwana’s Budget Speech, said that it simply did not live up to President Ramaphosa’s Sona.

    87 days ago
  • Finance Minister Enoch Godongwana. Picture: @TreasuryRSA/Twitter

    SA's debt burden a matter of serious concern - Godongwana

    The government will spend R302 billion in 2022/2023 on debt service costs, also confirming that it will seek more loans to finance some of its expenditure.

    87 days ago
  • Finance Minister Enoch Godongwana tables his Budget in Parliament on 23 February 2022. Picture: @TreasuryRSA/Twitter

    Some economists question whether Budget good enough to boost confidence in SA

    Finance Minister Enoch Godongwana has made use of a R182 billion tax revenue surplus to put money back in the pockets of consumers by snubbing increases on the fuel and Road Accident Fund (RAF) levy.

    87 days ago
  • Finance Minister Enoch Godongwana at a briefing ahead of his maiden Budget Speech on 23 February 2022. Picture: GCIS.

    Godongwana’s Budget hailed for balanced approach, bringing relief to consumers

    Tabling the national budget at Parliament on Wednesday, Godongwana announced no major tax increases, saying this was not the time, given SA’s fragile economic recovery.

    87 days ago
  • FILE: The alcohol industry said it had lost R42 billion in sales value over the last two years. Picture: 123rf.com

    2022 Budget: Here's how much more you'll be paying for your sins

    Finance Minister Enoch Godongwana has announced excise duties on alcohol and tobacco will increase by between 4.5% and 6.5% from Wednesday.

    88 days ago
  • FILE: Finance Minister Enoch Godongwana. Picture: @TreasuryRSA/Twitter

    WATCH LIVE: Finance Minister Godongwana delivers 2022 Budget Speech

    Finance Minister Enoch Godongwana is delivering the 2022 Budget Speech. It is his first Budget since his appointment as finance minister in 2021.

    88 days ago
  • FILE: Workers on a vehicle assembly line. Picture: @FordSouthAfrica/Twitter

    Skills targeting proposed as a medium-term remedy for economic growth in SA

    While the 2022 Budget is expected to be in unison with last year's Mid-Term Policy Statement, skills targeting has been proposed as a medium-term remedy for growth.

    88 days ago
  • Finance Minister Enoch Godongwana delivers his maiden Medium-term Budget Policy Statement in Parliament on 11 November 2021. Picture: GCIS.

    Opposition parties weigh in on what they expect to hear in Budget Speech

    Finance Minister Enoch Godongwana will deliver his maiden Budget Speech in Cape Town.

    88 days ago
  • Budget Day 2022: How much has govt allocated to job creation in past speeches?

    It’s Budget Speech day and Finance Minister Enoch Godongwana’s first Budget speech. Godongwana is expected to update the nation on the state of the economy and public finances. EWN takes a look at how much money government has allocated to job creation in previous years.

    88 days ago
  •  Finance Minister Enoch Godongwana. Picture: @TreasuryRSA/Twitter

    Budget Speech: Godongwana expected to announce ways to stabilise SA's debt

    The 2021 budget review indicated that government was spending over R269 billion on debt service costs while public debt is expected to stabilise at 88.9% of GDP by the 2025/2026 financial year.

    88 days ago
  • FILE: Finance Minister Enoch Godongwana. Picture: @TreasuryRSA/Twitter

    Budget Speech: All eyes on Godongwana's plans to address economic growth

    Many South Africans want to hear how Finance Minister Enoch Godongwana plans on promoting economic growth, whether there will be added financial burdens by increased taxes on fuel, tobacco and alcohol and how government plans on creating an environment that promotes job creation.

    88 days ago
  • FILE: SAPS members on parade. Picture: SAPS

    Police budget allocation under scrutiny after it emerges SAPS underspent by R4bn

    Gareth Newham of the Institute For Security Studies said that the police would need money for the new recruits President Ramaphosa announced in his State of the Nation Address. But he said the SAPS underspent its R96bn budget by R4bn last year, which amounts to the NPA’s total annual budget.

    88 days ago
  • Finance Minister Enoch Godongwana delivers his maiden Medium-term Budget Policy Statement in Parliament on 11 November 2021. Picture: GCIS.

    Standing Committee on Appropriations keeping close eye on Budget plans for SOEs

    For Parliament’s Standing Committee on Appropriations, the financial health of passenger rail agency, Prasa, the Post Office and the Land Bank is of great concern.

    88 days ago
  • FILE: An EFF flag is seen during a party event. Picture: Abigail Javier/Eyewitness News

    EFF plans to stage picket in CT ahead of Godongwana’s Budget Speech

    The march will start in Hanover Street in the CBD and the group will move to Parliament.

    89 days ago
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