South Africa: 2026 Budget Speech a 'Turning Point' - Godongwana
South Africa's public debt is set to stabilize at 78.9% of GDP with the main budget deficit narrowing from 5.1% to 4.5%, supporting ongoing fiscal reforms.
8 Articles
8 Articles
Political parties criticise budget speech amid stagnant growth – The Mail & Guardian
“Out of touch, austerity-driven and insufficient to tackle the country’s persistent economic crises” was how some political parties have described Finance Minister Enoch Godongwana’s budget tabled in parliament on Wednesday. In his speech, Godongwana projected GDP growth of 1.8% over the medium term, well below the 3% considered necessary to stabilise per capita income and slash unemployment. The Economic Freedom Fighters (EFF) slammed the 2026 …
2026 Budget speech: FinMin Godongwana's Budget speech in full
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8 Big Wins from Budget Speech 2026
Finance Minister Enoch Godongwana delivered the 2026 Budget speech at the Nieuwmeester Dome, Parliamentary Precinct in Cape Town, outlining key economic priorities, tax adjustments, and social spending aimed at easing costs and supporting growth for South Africans. Full speech here. “This Budget reflects our shared journey and the belief that together we can build a more equal, more prosperous economy,” Godongwana told Parliament. Despite past c…
2026 budget speech 2025and grant changes explained
South Africa’s 2026 Budget sets out tax changes, social grant increases and fuel levy adjustments that will affect households from April 2026. Finance Minister Enoch Godongwana tabled the Budget in Parliament on 25 February 2026, outlining updates to personal income tax, VAT thresholds, excise duties and social grants. What is happening? The 2026 Budget confirms: Personal income tax brackets will be adjusted in line with inflation The VAT regis…
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