Lisette IJssel de Schepper | Treasury steadied the ship. Why didn’t it drop a bigger anchor to keep it there?

News24 Business25 October 2026 at 19:48

South Africa’s Treasury has strengthened confidence in public finances by achieving a likely peak in the government debt ratio and maintaining fiscal targets despite weak growth and spending pressures. This progress created an opportunity for a stronger, more durable fiscal anchor than the…
— News24 Business

Read the full story on News24 Business

This story was written and published by News24 Business. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.

What business people are saying

No comments yet. Be the first.

More in Economy & policy

All →

News24 Business2 d ago

SA firms hit as ITAC tariff probes now drag on for years

XA Global Trade Advisors says import duty processes are dragging on for years, raising concerns that a key tool of industrial policy is failing the people it is meant to help.

Economy & policy Read on News24 Business ↗

Moneyweb2 d ago

South Africa’s bold plan to become a global financial centre

South Africans have an estimated R5trn in offshore assets that could be managed from SA, and a proposal by the Reserve Bank and National Treasury plans to do just that.

Economy & policy Read on Moneyweb ↗

Business Bagel1 d ago

South Africa can sell into China duty-free until 2028, and officials are already trying to make that permanent

Customs declarations to export to China rose 199% between June and August, and South Africa is negotiating to keep China's zero tariffs after the scheme ends in April 2028.

Economy & policy Read on Business Bagel ↗

Business Bagel1 d ago

SAA is paying its staff late for a second month, and Parliament wants to know where the money went

SAA has confirmed a second month of staggered salaries, and Parliament's appropriations committee wants answers on its cash, its audit and R1.1 billion from a Heathrow slot by 30 October.

Economy & policy Read on Business Bagel ↗

Business Bagel1 d ago

Clicks sold more than R50 billion for the first time, but its distribution arm held profit growth back

Clicks' own shops grew their profit by nearly a tenth in a year of heavy discounting, but its distribution business UPD lost contracts and pulled the group's growth down.

Economy & policy Read on Business Bagel ↗

Bizcommunity1 d ago

Sars addresses declaration deadline as digital border plans evolve

The South African Revenue Service (Sars) has acknowledged feedback on the 24-hour traveller declaration window while outlining potential developments that could connect its digital declaration system with other border processes.

Economy & policy Read on Bizcommunity ↗