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Falling apart: The AG report has raised concerns about the municipality’s ability to continue operating as its debt spiral deepens and service delivery stalls. Photo: Lunga Mzangwe

Mathjabeng in financial freefall

The Free State municipality is facing severe fiscal distress, with liabilities exceeding R5.8bn and a R871.6 million deficit, says Auditor General Tsakani Maluleke

The IDC should establish an independent forum to address employee relations issues.
 Photo: -File

Editorial: IDC decline should be arrested

Let us be fair: allegations of a deteriorating corporate culture within the institution remain just that—allegations—until proven otherwise. However, the issues presented to us…

Of the 848 wastewater treatment plants assessed nationwide, 396 are in a critical state, while only about a quarter are performing at a standard that meets regulatory requirements. Photo: Delwyn Verasamy

‘We have the skills but not the system’: Water Institute of Southern Africa on SA’s wastewater crisis

Nearly half of South Africa’s wastewater treatment plants are in a critical state, with untreated sewage polluting rivers and dams

Transnet faced intense scrutiny in Parliament as MPs raised concerns about rising debt, weak governance and persistent audit failures in spite of signs of recovery

Transnet grilled in parliament over debt, governance failures and audit concerns

Transnet faced intense scrutiny in Parliament as MPs raised concerns about rising debt, weak governance and persistent audit failures in spite of signs of recovery

Finance Minister Enoch Godongwana. (GCIS)

Godongwana holds better budget cards but economic recovery remains inadequate

Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth

The future of the Social Relief of Distress (SRD) grant beyond the March 2027 extension remains uncertain. Archive photo: Chris Gilili

Future of SRD grant uncertain, treasury says

The Universal Basic Income Coalition said the government’s proposals to link the grant to employment-related conditions could exclude eligible beneficiaries

Build One South Africa leader Mmusi Maimane.  (David Harrison)

Mmusi Maimane demands a full cost breakdown for South Africa’s G20 Summit

The chairperson of parliament’s standing committee on appropriations wants an updated breakdown of the hosting costs, warning that the summit must not pressure the national budget

According to a survey, 85% of managers reported that their clinics faced staffing shortages, though only one in five blamed these on the US President’s Emergency Plan For Aids Relief cuts

Clinics short-staffed after Pepfar funding cuts

According to a survey, 85% of managers reported that their clinics faced staffing shortages, though only one in five blamed these on the US President’s Emergency Plan For Aids…

On the spot: Democratic Alliance federal chair Helen Zille  is said to have tackled ANC secretary general Fikile Mbalula over violations of government of national unity agreements and the axing of the DA’s deputy minister, Andrew Whitfield.

Zille vs Mbalula: How the DA’s ultimatum toppled Nkabane

Democratic Alliance’s Helen Zille cornered the ANC’s Fikile Mbalula with the ultimatum to axe the minister or lose DA support on budget votes

Fomer minister of higher education Nobuhle Nkabane. (@Dr_NohbuleN/X)

‘Arrogance led to her fall’: Political parties react to Nkabane’s axing

The parties said the higher education minister’s dismissal was a vital step towards restoring accountability amid governance failures and allegations of political interference

Reserve Bank governor Lesetja Kganyago announced on Thursday that the monetary policy committee had increased the repo rate by 25 basis points to 7%, effective from 29 May.

Reserve Bank cuts rate by 25 basis points to 7.25%

The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy

The Economic Freedom Fighters (EFF) led the charge against the latest version of the 2025 Budget, dismissing it as an “austerity budget” that offers no meaningful relief to poor and working-class South Africans.

Budget 3.0 tentatively accepted by some political parties

The EFF criticises it as ‘unimaginative’ and not benefiting poorer South Africans, while the DA calls it a step towards ending ‘unchecked government spending’

Finance minister Enoch Godongwana.(Brenton Geach/Gallo Images via Getty Images)

Budget 3.0 – Godongwana’s last shot

Now that a VAT increase has been ruled out, the finance minister must find another way to plug a R75bn gap or risk collapsing public services and investor confidence

Grave concern: President Cyril Ramaphosa (above) regards allegations against Police Minister Senzo Mchunu as requiring ‘the highest-priority attention’.

Faster reforms will spur faster growth: Ramaphosa

The president and the national treasury launched phase two of Operation Vulindlela on Wednesday, expanding its focus areas

Staying put: Finance Minister Enoch Godongwana is under pressure from some political parties to resign over the VAT drama and the national budget. (Dwayne Senior/Bloomberg via Getty Images)

Godongwana holds firm amid pressure to resign over budget

The finance minister says his U-turn on a VAT hike was a collective decision of the government of national unity

Finance Minister Enoch Godongwana. (David Harrison/M&G)

Budget consultation could stabilise GNU: Godongwana

Godongwana promises fiscal prudence in his new budget but the growth forecast may change

Budget botch: Finance Minister Enoch Godongwana (Dwayne Senior/Getty Images)

VAT battle is over but coalition crisis continues

Meetings are due in coming days and weeks to undo the damage after the finance minister caved on the tax increase

The Democratic Alliance has claimed credit for the about-turn by the treasury on the tax, saying its legal team had presented a strong case against the flawed parliamentary process used to adopt the fiscal framework

Parties hail VAT reversal as ANC admits budget vote missteps

The Democratic Alliance has claimed credit for the about-turn by the treasury on the tax, saying its legal team had presented a strong case against the flawed parliamentary…

Finance Minister Enoch Godongwana delivers the 2025 Budget. Photo: Jeffrey Abrahams/Gallo Images

VAT to remain at 15% after Godongwana caves

The finance ministry in a midnight announcement said the decision was informed by consultations with political parties

Finance minister Enoch Godongwana.(Brenton Geach/Gallo Images via Getty Images)

Godongwana tells court VAT increase cannot be interdicted

Amending his proposal at this stage would force more borrowing, the minister warned in papers filed in response to the DA