Social grants to increase All social grants, barring the COVID-19 Social Relief of Distress (SRD) grant, will increase in the next financial year. This is according to the 2026 Budget Review released by National Treasury on Wednesday. The grant increases are as follows: Old age grant will increase from R2 315 to R2 400. War…

HIV/Aids research funding bolstered Government will allocate some R410 million over the medium term to offset the funding gap in research left after the withdrawal of funding by the United States. This according to the National Treasury’s 2026 Budget Review released alongside the Budget Speech on Wednesday. “Over the medium term, R410 million will be…

2026 Budget Speech a ‘turning point’ – Godongwana The country’s financial future was on the agenda on Wednesday when Finance Minister Enoch Godongwana delivered the 2026 Budget Speech in Parliament. Godongwana noted that this year’s Budget Speech comes at a critical juncture for the public purse. “We have reached an important turning point in the…

Reforms introduced to improve local government Government has announced strengthened measures to improve the operations and financial management of local and provincial government, marking a shift to structural intervention from oversight. “At the municipal level, this shift involves changes to legislation, governance arrangements, and technological intervention. In provinces, the government is enforcing strict headcount controls…

Finance Minister Enoch Godongwana: 2026 Budget Speech Honourable Speaker, Thoko Didiza Deputy Speaker, Annelie Lotriet His Excellency, President Cyril Ramaphosa Honourable Deputy President Paul Mashatile Cabinet Colleagues The Budget Council The Budget Forum Governor of the South African Reserve Bank, Lesetja Kganyago Commissioner of the South African Revenue Service, Edward Kieswetter Chairperson of the Financial…