US EditionSouth Africa: Sustainable Development Goals At Risk, Minister Warns Parliament As He Tables Dirco Budget Vote
SOUTH AFRICA, JUL 8 – Finance Minister Enoch Godongwana stresses careful decision-making on inflation target changes amid improved inflation outlook and expectations below 4% for 2025, says Bureau of Economic Research.
- Minister Ronald Lamola delivered DIRCO's 2025/26 budget vote in the National Assembly, emphasizing the risk to SDGs from climate change impacts across Africa.
- This follows warnings that over 85% of the Sustainable Development Goals are off track due to climate crises and funding gaps that hinder long-term development.
- Deputy Minister Ashor Sarupen revealed a new approach to disaster funding that integrates climate risks into financial planning, aiming to prevent crisis-driven budget shifts.
- DIRCO's 2025/26 budget increased slightly to R7.09 billion, with support for boosting foreign investment and tourism, while criticisms noted its elitism and lack of measurable job impact.
- The budget and strategies suggest South Africa aims to strengthen resilience and global presence but face challenges in fiscal discipline, governance, and delivering inclusive growth.
12 Articles
12 Articles
Treasury Prioritises Disaster Planning, Infrastructure and Audit Reform
Treasury Prioritises Disaster Planning, Infrastructure and Audit Reform In the face of escalating climate-related disasters across Southern Africa, Deputy Minister of Finance Ashor Sarupen has announced a transformative shift in South Africa's disaster management and fiscal planning strategies. Speaking during the tabling of National Treasury's 2025 Budget Vote in Parliament, the Deputy Minister emphasized that the country can no longer afford t…
South Africa: Sustainable Development Goals At Risk, Minister Warns Parliament As He Tables Dirco Budget Vote
Press Release - Delivering his department's budget vote in a mini-plenary of the National Assembly, Minister of International Relations and Cooperation Mr Ronald Lamola cautioned that the effects of climate change - particularly across the African continent - could result in many countries failing to meet the 2030 deadline for the United Nations Sustainable Development Goals (SDGs).
Business leaders rally behind lower inflation
Business leaders rally behind lower inflation Janine2 Wed, 07/09/2025 - 19:30 JOHANNESBURG - Finance Minister Enoch Godongwana says progress is being made on the proposed lower inflation target but he cautions against rushing the process.WATCH: Discussion | SARB decreases interest rates by 25 basis pointsThe latest Merchantec CEO Confidence Index for the second quarter of this year was released on Wednesday.It shows that 75% of South Africa’s C…
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