Mid-Term Budget Policy Statement

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Background

Local

Minister Enoch Godongwana delivers 2024 MTBPS amid public dismay

By Vusuthando Percyvil Dube Presenting the 2024 Medium-Term Budget Policy Statement (MTBPS) on Wednesday, Finance Minister Enoch Godongwana emphasized a cautious approach as South Africa struggles with a weak economy and growing public discontent over the funding of social services. The declaration was made in the midst of demonstrations called for by civil society organizations and labor unions, who wanted a more progressive budget to address urgent economic disparities. In […]

today30 October 2024

Local

Cosatu disappointed Godongwana endorsed public servants’ 3% wage increase

Labour Federation, Congress of South African Trade Unions (Cosatu) voiced disappointment in Finance Minister Enoch Godongwana’s endorsement of the government’s decision to unilaterally implement a 3% percent wage increase for public servants. Godongwana tabled his Medium-Term Budget Policy Statement in Parliament on Wednesday, saying Section 5 of the Public Service Act would be invoked to bring finality to wage talks. He says the offer would be backdated to April. It comes […]

today27 October 2022

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