Fri, March 14, 2025
[ Fri, Mar 14th 2025 ]: Stocktwits
Crown Castle Stock Gains Premarket After $8.5B De .. Small Cells And Fiber Solutions: Retail's Divided
[ Fri, Mar 14th 2025 ]: Invezz
4 reasons Alibaba stock price is surging this year and what next
[ Fri, Mar 14th 2025 ]: Fortune
Publicis New York CEO Carla Serrano and the downside of Trump's war against all
[ Fri, Mar 14th 2025 ]: Forbes
AI's Expanding Role In Retail And E-Commerce: Balancing Efficiency With Human Touch
[ Fri, Mar 14th 2025 ]: CNN
Fear and resignation after 'world's most powerful .. mpany' pays Trump a $100 billion 'protection fee'
[ Fri, Mar 14th 2025 ]: Insider
Life after RTO: 11 Amazon employees reflect on th .. ghs and lows of returning to the office full time
[ Fri, Mar 14th 2025 ]: Newsweek
Companies and Communities Feel Effects of $20B Climate Funding Freeze
[ Fri, Mar 14th 2025 ]: GOBankingRates
Best 3-Month CD Rates and Offers for 2025
[ Fri, Mar 14th 2025 ]: BusinessTech
South Africa bans cannibas and hemp products, and Eskom maintenance lie
[ Fri, Mar 14th 2025 ]: Cryptopolitan
Crypto Analysts Believe This New Crypto Could Become Bigger Than Solana, XRP and BNB
[ Fri, Mar 14th 2025 ]: Mint
Bajaj Finserv Loan: Find the latest updates on gold loan
[ Fri, Mar 14th 2025 ]: Reuters
Singapore's DBS raises $2 billion through US dollar bonds, term sheet shows
[ Fri, Mar 14th 2025 ]: Variety
VFX and Animation Studio Cinesite Raises $215 Million On the Heels of Technicolor Collapse
[ Fri, Mar 14th 2025 ]: IOL
Standard Bank aims to lead Africa's energy, infrastructure development
[ Fri, Mar 14th 2025 ]: BusinessGhana
Govt to overhaul VAT System by end of year - Finance Minister
Thu, March 13, 2025
[ Thu, Mar 13th 2025 ]: AOL
Tech leaders at Anthropic, IBM, and Meta warn that AI is coming for software developer jobs
[ Thu, Mar 13th 2025 ]: WFAA
Fort Worth family business faces rising costs due to steel tariffs
[ Thu, Mar 13th 2025 ]: Moneyweb
How Eskom and National Treasury saved taxpayers more than R20bn
[ Thu, Mar 13th 2025 ]: TipRanks
ARMOUR Residential REIT Updates Financial Position and Dividend
[ Thu, Mar 13th 2025 ]: RochesterFirst
Business owner and manager share thoughts on east end restrictions, six months later
[ Thu, Mar 13th 2025 ]: Politico
Lobbyists lay out an ethics roadmap for using AI
[ Thu, Mar 13th 2025 ]: CNBC
CNBC Daily Open: A muted inflation report for Feb .. supported markets even as the trade war heats up
[ Thu, Mar 13th 2025 ]: Audacy
Tax cuts, big housing investment, highlight Parker's new, $6.7 billion city budget proposal
[ Thu, Mar 13th 2025 ]: CNA
CNA Explains: What happens if a Singapore-licensed investment platform goes under?
[ Thu, Mar 13th 2025 ]: CNN
Trump imposes sweeping 25% steel and aluminum tariffs. Canada and Europe swiftly retaliate
[ Thu, Mar 13th 2025 ]: stacker
What are business expense cards and how do they work?
[ Thu, Mar 13th 2025 ]: Observer
Blockchain's Billion-Dollar Blunder: How Finance's Tech Revolution Became an Awkward Evolution
[ Thu, Mar 13th 2025 ]: Euronews
Generali, Deutsche Bank and Deliveroo: The company news moving the markets
[ Thu, Mar 13th 2025 ]: Bloomberg
Trump Crypto Venture Has Talked to Binance About Doing Business
[ Thu, Mar 13th 2025 ]: Africanews
U.S. Gold Card: What it means for African investors Business Africa
[ Thu, Mar 13th 2025 ]: Axios
Exclusive: GSR Ventures splits its U.S. and China arms
[ Thu, Mar 13th 2025 ]: GOBankingRates
Chime vs. Varo: Comparing Features, Fees and Benefits
[ Thu, Mar 13th 2025 ]: eNCA
Budget 2025 | The good, the bad and the unexpected
[ Thu, Mar 13th 2025 ]: Fortune
Roomba creator iRobot was once courted by Amazon .. cuum revolution. Now, it might go out of business
[ Thu, Mar 13th 2025 ]: Week99er
Best Altcoin to Buy in March 2025? Qubetics Sell .. SEI's $557M Revenue, and Mantra's $6B Market Cap!
[ Thu, Mar 13th 2025 ]: MarketWatch
Mallinckrodt and Endo plan merger as they look to recover from opioid litigation
[ Thu, Mar 13th 2025 ]: Forbes
What Trump's Presidency Means For Medicare (And What You Can Do About It)
[ Thu, Mar 13th 2025 ]: Barchart
Stocks Slip Before the Open as U.S. Shutdown Fears Grow, PPI Data in Focus
[ Thu, Mar 13th 2025 ]: Kiplinger
Don't Make These Five Mistakes on Your Tax Return
[ Thu, Mar 13th 2025 ]: NewcastleWorld
Short-term growth concern, long-term resilience: .. UK manufacturing small business outlook over time
[ Thu, Mar 13th 2025 ]: Zawya
RemotePass and Wafeq partner to automate payroll and accounting for UAE & KSA businesses
[ Thu, Mar 13th 2025 ]: Reuters
Deutsche Bank sees 2025 revenue gains at all four main businesses
[ Thu, Mar 13th 2025 ]: Investopedia
S&P 500 Gains and Losses Today: Tech Stocks Bounce Back After Soft Inflation Data
[ Thu, Mar 13th 2025 ]: BusinessTech
SARS boost to hunt more taxpayers, and Post Office plan to block couriers
[ Thu, Mar 13th 2025 ]: Moneycontrol
India's biggest lender SBI to set up AI, fintech project finance unit
[ Thu, Mar 13th 2025 ]: Stocktwits
Cleveland-Cliffs, Steel Dynamics, US Steel, And O .. As Trump's Tariffs Take Effect: Retail's Bullish
[ Thu, Mar 13th 2025 ]: KKTV
Small business advocate worried as SBA office set to relocate from Denver
[ Thu, Mar 13th 2025 ]: Insider
Elon Musk must turn over records and answer questions on what he's doing at DOGE, judge orders

South Africa doesn't have a budget

The article from BusinessTech discusses the dire financial situation of South Africa as highlighted by Finance Minister Enoch Godongwana in his Medium-Term Budget Policy Statement (MTBPS). It points out that South Africa does not have a budget in the traditional sense due to its inability to fund its expenditures through revenue alone. The government's financial strategy has shifted towards managing cash flows rather than budgeting, with significant reliance on borrowing to cover shortfalls. Key issues include a ballooning public sector wage bill, increased social spending, and a sharp decline in tax revenue, which together have led to a projected increase in the budget deficit. The article also mentions the government's plan to cut spending by R21 billion in the current year, with further reductions planned, and the necessity to borrow an additional R56.8 billion. This situation has led to concerns about the sustainability of South Africa's debt, with the debt-to-GDP ratio expected to rise, prompting discussions on the need for structural reforms and better financial management.

Read the Full BusinessTech Article at:
[ https://businesstech.co.za/news/budget-speech/816677/south-africa-doesnt-have-a-budget/ ]