South Africa’s Finance Minister Enoch Godongwana recently presented the 2024 Medium-Term Budget Policy Statement (MTBPS), offering a mid-year review of the nation’s fiscal health and necessary adjustments in light of evolving economic challenges. This budget update not only affects the overall economy but also has direct consequences for ordinary citizens, as economic performance significantly impacts […]

The City of Tshwane is grappling with severe financial distress, facing a massive debt of over R24 billion owed by residents and businesses. This mounting debt is now straining the metro’s already vulnerable finances, raising significant concerns for officials tasked with stabilizing the city’s budget. According to Gauteng MEC for Finance and Economic Development, Lebohang […]