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        <title>Engineering News | Budget</title>
        <description><![CDATA[Latest news on budget, including the economy and macro and micro industry.]]></description>
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            <title>South Africa meeting fiscal, structural reform targets, Treasury DG Pieterse assures</title>
            <link>https://www.engineeringnews.co.za/article/south-africa-meeting-fiscal-structural-reform-targets-treasury-dg-pieterse-assures-2026-06-02</link>
            <description><![CDATA[South Africa has demonstrated that it can deliver on its fiscal targets and its structural reform agenda, and the benefits of latent improving fiscal credibility are already evident in the form of lower borrowing costs and a stronger currency, National Treasury director-general Dr Duncan Pieterse has said. According to the National Budget tabled in February, South Africa's debt-to-GDP ratio stabilised for the first time since before the 2008 global financial crisis, and was expected to decrease to 76.5% by 2028/29. The country also posted a third consecutive primary surplus, he said in a prepared speech.]]></description>
            <author>Schalk Burger</author>
            <category>FISCAL REFORMS</category>
            <pubDate>Tue, 02 Jun 2026 16:28:00 +0200</pubDate>
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        <updated>1780413720</updated>
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        <editor>Chanel de Bruyn</editor>
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            <title>Cape Town tables draft three-year, R40-billion capital budget</title>
            <link>https://www.engineeringnews.co.za/article/cape-town-tables-draft-three-year-r40-billion-capital-budget-2026-04-24</link>
            <description><![CDATA[Cape Town Mayor Geordin Hill-Lewis has tabled a proposed R40-billion, three-year infrastructure budget for the city. “To give you some perspective on the progress we have made – in the 2021/22 budget, when all of us were elected, the city’s capital budget was R6.1-billion,” said Hill-Lewis as he presented the budget.]]></description>
            <author>Irma Venter</author>
            <category>MUNICIPALITIES</category>
            <pubDate>Fri, 24 Apr 2026 00:00:00 +0200</pubDate>
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        <updated>1776667427</updated>
        <published>1776981600</published>
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        <editor>Martin Zhuwakinyu</editor>
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            <title>Gauteng tables R179bn 2026/27 budget amid constrained environment</title>
            <link>https://www.engineeringnews.co.za/article/gauteng-tables-r179bn-202627-budget-amid-constrained-environment-2026-03-10</link>
            <description><![CDATA[The Gauteng Provincial Government on Tuesday tabled a R179.2-billion budget for the 2026/27 financial year – an increase of R3.6-billion or 2% year-on-year – targeted at addressing frontline services and responding to the Gauteng Medium Term Development Plan (MTDP) 2024 to 2029 provincial priorities. Of the province’s overall 2026 Medium Term Expenditure Framework (MTEF) budget of R549.3-billion – an increase of 5.2% – R182.4-billion and R188.2-billion, respectively, have been allocated to the 2027/28 and 2028/29 financial years.]]></description>
            <author>Natasha Odendaal</author>
            <category>GAUTENG BUDGET</category>
            <pubDate>Tue, 10 Mar 2026 10:34:00 +0200</pubDate>
        <a_id>716934</a_id>
        <updated>1773132868</updated>
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        <editor>Creamer Media Reporter  </editor>
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            <title>What impact will Africa’s busy 2026 election calendar have on the economic outlook?</title>
            <link>https://www.engineeringnews.co.za/article/what-impact-will-africas-busy-2026-election-calendar-have-on-the-economic-outlook-2026-03-06</link>
            <description><![CDATA[Africa faces one of its most crowded electoral calendars this year at a time of shrinking global tolerance for political risk, turning the ballot box into a policy credibility test for investors rather than a purely democratic exercise. The cycle began in January with elections in Uganda, where veteran leader Yoweri Museveni and his National Resistance Movement – in power since 1986 – secured another five-year mandate, while, on the other end of the continent, parties aligned to Benin’s President had a clean sweep of Parliamentary elections, an outcome detractors attributed to legislative tweaks that seriously disadvantage the opposition. The Beninese return to the polls in April for Presidential elections.]]></description>
            <author>Martin Zhuwakinyu</author>
            <category>ELECTIONS &amp; ECONOMIC PROSPECTS</category>
            <pubDate>Fri, 06 Mar 2026 00:00:00 +0200</pubDate>
        <a_id>715820</a_id>
        <updated>1772524336</updated>
        <published>1772748000</published>
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        <editor>Terence Creamer</editor>
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            <title>PSG welcomes conservative Budget, says moving in right direction</title>
            <link>https://www.engineeringnews.co.za/article/psg-welcomes-conservative-budget-moving-in-right-direction-2026-02-27</link>
            <description><![CDATA[During a post-Budget briefing on February 27, financial services firm PSG group chief economist Johann Els and PSG policy and regulatory affairs head Ronald King said that, while South Africa faces many challenges, it is handling the broader economy effectively through macro-prudential guidelines and the National Treasury is doing well on providing fiscal policy. The 2026 Budget sent a signal that the promises made by government on fiscal discipline and economic reforms would continue to be delivered, at least in terms of the National Budget. It also relied on conservative estimates and forecasts, said King.]]></description>
            <author>Schalk Burger</author>
            <category>ECONOMY</category>
            <pubDate>Fri, 27 Feb 2026 15:29:00 +0200</pubDate>
        <a_id>716252</a_id>
        <updated>1772201713</updated>
        <published>1772198940</published>
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        <editor>Chanel de Bruyn</editor>
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            <title>Moody’s says South Africa budget ‘confirms’ strong fiscal stance</title>
            <link>https://www.engineeringnews.co.za/article/moodys-says-south-africa-budget-confirms-strong-fiscal-stance-2026-02-26</link>
            <description><![CDATA[South Africa’s latest budget painted an encouraging picture of improving public finances, according to Moody’s Ratings, while cautioning that “meaningful” debt reduction will require stronger economic growth. The budget “confirms South Africa’s strong fiscal performance, underpinned by broad-based revenue growth, and points to improving fiscal prospects,” said Evan Wohlmann, Vice President-Senior Credit Officer at Moody’s. Finance Minister Enoch Godongwana’s annual budget presentation on Wednesday showed debt and debt-service costs peaking this year and then declining, helped by surging precious-metals prices that have boosted government revenue. The rand and government bonds rallied.]]></description>
            <author>  Bloomberg</author>
            <category>Budget</category>
            <pubDate>Thu, 26 Feb 2026 10:40:00 +0200</pubDate>
        <a_id>716106</a_id>
        <updated>1772115190</updated>
        <published>1772095200</published>
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        <editor>  Bloomberg</editor>
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        <image_title>Finance Minister Enoch Godongwana</image_title>
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            <title>Planned R20bn tax increase withdrawn from 2026 Budget </title>
            <link>https://www.engineeringnews.co.za/article/treasury-withdraws-planned-r20bn-tax-increase-from-2026-budget-2026-02-25</link>
            <description><![CDATA[Finance Minister Enoch Godongwana announced during his 2026 Budget speech on February 25 that a R20-billion tax increase that was previously earmarked for the 2026 Budget has been withdrawn and personal income tax (PIT) brackets, as well as medical tax credits, will be fully adjusted for inflation after two years of no inflationary relief. Tax thresholds and limits will also be adjusted for the impact of inflation to assist small businesses and provide overall relief to taxpayers.]]></description>
            <author>Marleny Arnoldi</author>
            <category>BUDGET 2026</category>
            <pubDate>Wed, 25 Feb 2026 14:05:00 +0200</pubDate>
        <a_id>716044</a_id>
        <updated>1772032727</updated>
        <published>1772021100</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Operation Vulindlela delays are receiving attention - Treasury</title>
            <link>https://www.engineeringnews.co.za/article/treasury-says-operation-vulindlela-delays-are-receiving-attention-2026-02-25</link>
            <description><![CDATA[With Operation Vulindlela having entered its second phase, which focuses on structural reforms and economic recovery for municipalities over the next three years, National Treasury admits in it 2026 Budget that implementation has been slow and that work is underway to unblock structural reform delays. Treasury attributes government’s slow progress on structural reforms to the complexity that is inherent with reforms, including the associated legislative and administrative processes.]]></description>
            <author>Marleny Arnoldi</author>
            <category>BUDGET 2026</category>
            <pubDate>Wed, 25 Feb 2026 14:04:00 +0200</pubDate>
        <a_id>716045</a_id>
        <updated>1772032806</updated>
        <published>1772021040</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Treasury targets more savings after R12bn identified under TARS scheme</title>
            <link>https://www.engineeringnews.co.za/article/treasuring-targets-more-savings-after-r12bn-identified-under-tars-scheme-2026-02-25</link>
            <description><![CDATA[The National Treasury reports that R12-billion in savings has been identified for the coming three years as a result of its Targeted and Responsible Savings (TARS) initiative, which requires departments to interrogate programme efficiency and effectiveness when seeking funds. “Overall, the first round of this process has identified R12-billion in wasteful or ineffective programmes. Over the medium term, government intends to realise more savings,” the Budget Review states.]]></description>
            <author>Terence Creamer</author>
            <category>BUDGET 2026</category>
            <pubDate>Wed, 25 Feb 2026 14:03:00 +0200</pubDate>
        <a_id>716040</a_id>
        <updated>1772022925</updated>
        <published>1772020980</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Agriculture sector should benefit from wider macroeconomic, fiscus improvements</title>
            <link>https://www.engineeringnews.co.za/article/agri-should-benefit-from-wider-macroeconomic-fiscus-improvements-2026-02-25</link>
            <description><![CDATA[The agriculture and rural development sector has been allocated R39.5-billion of dedicated government spending in 2026/27, as part of National Treasury’s R283-billion economic development budget segment. The 2026 Budget, which was presented by Finance Minister Enoch Godongwana on February 25, introduces a new national government focus on growth-enhancing capital investment as the fastest growing item of expenditure.]]></description>
            <author>Marleny Arnoldi</author>
            <category>BUDGET 2026</category>
            <pubDate>Wed, 25 Feb 2026 14:03:00 +0200</pubDate>
        <a_id>716042</a_id>
        <updated>1772025440</updated>
        <published>1772020980</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Budget outlines shift from oversight to ‘structural intervention’ to tackle municipal ...</title>
            <link>https://www.engineeringnews.co.za/article/budget-outlines-shift-from-oversight-to-structural-intervention-to-tackle-municipal-dysfunction-2026-02-25</link>
            <description><![CDATA[Amid growing dissatisfaction with the performance of many of the country’s 257 municipalities, 162 of which are categorised as being in financial distress, the National Treasury has outlined what it describes as a fundamental shift in the subnational fiscal architecture that moves from oversight to active structural intervention. “At the municipal level, this shift involves changes to legislation, governance arrangements and technological intervention,” the Budget Review states, indicating that the proposed municipal reforms are rooted in the revised White Paper on Local Government.]]></description>
            <author>Terence Creamer</author>
            <category>BUDGET 2026</category>
            <pubDate>Wed, 25 Feb 2026 14:03:00 +0200</pubDate>
        <a_id>716039</a_id>
        <updated>1772029297</updated>
        <published>1772020980</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Infrastructure in focus as South Africa reaches fiscal ‘turning point’</title>
            <link>https://www.engineeringnews.co.za/article/infrastructure-in-focus-as-south-africa-reaches-fiscal-turning-point-2026-02-25</link>
            <description><![CDATA[Accelerating infrastructure investment emerged as a central theme of the 2026 Budget, which Finance Minister Enoch Godongwana characterised as representing a “turning point” for both debt stabilisation and for government’s reform-led growth agenda. Having signalled in November that there would be a concerted effort to shift the composition of spending to infrastructure, Godongwana confirmed that capital payments would be the fastest-growing item of government expenditure over the coming three years.]]></description>
            <author>Terence Creamer</author>
            <category>BUDGET 2026</category>
            <pubDate>Wed, 25 Feb 2026 14:03:00 +0200</pubDate>
        <a_id>716038</a_id>
        <updated>1772029468</updated>
        <published>1772020980</published>
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        <editor>Creamer Media Reporter  </editor>
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        <image_title>Finance Minister Enoch Godongwana</image_title>
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        <attachments><attachment><url>https://cisp.cachefly.net/assets/articles/attachments/96232_2026_budget_speech.pdf</url><size>796753</size><title>To download a copy of the Minister's budget speech, click here</title></attachment></attachments>
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            <title>Treasury mandates sustainability plans as fiscal anchor going forward</title>
            <link>https://www.engineeringnews.co.za/article/treasury-mandates-sustainability-plans-as-fiscal-anchor-going-forward-2026-02-25</link>
            <description><![CDATA[To entrench commitments to healthy public finances, national government will introduce legislation requiring each new administration to table a medium-term fiscal plan to embed fiscal sustainability, Finance Minister Enoch Godongwana confirmed during the 2026 Budget speech on February 25. Since 2008/09, government’s debt ratio has more than tripled with debt service costs having risen from 8.8% of revenue in 2008/09 to 21.3% in 2025/26, which crowds out other spending.]]></description>
            <author>Marleny Arnoldi</author>
            <category>BUDGET 2026</category>
            <pubDate>Wed, 25 Feb 2026 14:02:00 +0200</pubDate>
        <a_id>716043</a_id>
        <updated>1772087528</updated>
        <published>1772020920</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Treasury expects healthy trade, investment conditions until at least 2028</title>
            <link>https://www.engineeringnews.co.za/article/treasury-expects-healthy-trade-investment-conditions-until-at-least-2028-2026-02-25</link>
            <description><![CDATA[National Treasury expects demand from South Africa’s major trading partners to tick up from an estimated 3.1% in 2025 to 3.3% in 2026, settling at 3.4% in 2027 and 2028. This trend is supported by strong investments in technology and accommodative fiscal and monetary policies, despite ongoing trade policy uncertainty globally.]]></description>
            <author>Marleny Arnoldi</author>
            <category>BUDGET 2026</category>
            <pubDate>Wed, 25 Feb 2026 14:01:00 +0200</pubDate>
        <a_id>716046</a_id>
        <updated>1772028882</updated>
        <published>1772020860</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Goldman and Citi see South Africa waiting to adopt rule on debt</title>
            <link>https://www.engineeringnews.co.za/article/goldman-and-citi-see-south-africa-waiting-to-adopt-rule-on-debt-2026-02-24</link>
            <description><![CDATA[South Africa’s finance minister is unlikely to formally adopt a fiscal anchor in this week’s budget, opting to wait until at least October to introduce the rule aimed at curbing public debt, according to a Bloomberg poll. Enoch Godongwana pledged in November that he would finalise a proposal for a fiscal anchor this year, a step seen as crucial to putting South Africa’s debt-to-gross domestic product ratio on a sustained downward path. The metric is projected to peak in the current fiscal year. Since 2021, the government has targeted a primary budget surplus — where revenue exceeds non-interest spending — and is on track to post a third consecutive positive balance this year, underscoring its push to restore fiscal credibility.]]></description>
            <author>  Bloomberg</author>
            <category>Budget</category>
            <pubDate>Tue, 24 Feb 2026 08:37:00 +0200</pubDate>
        <a_id>715900</a_id>
        <updated>1771939675</updated>
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        <editor>  Bloomberg</editor>
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        <image_title>Finance Minister Enoch Godongwana</image_title>
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            <title>Energy Council asks for fiscal support towards continued electricity reform </title>
            <link>https://www.engineeringnews.co.za/article/energy-council-asks-for-fiscal-support-towards-continued-electricity-reform-2026-02-23</link>
            <description><![CDATA[Ahead of the 2026 Budget that will be delivered on February 25, the Energy Council of South Africa has called on Finance Minister Enoch Godongwana to prioritise electricity grid delivery and fiscal support for reform in the power sector. 

The council says it believes power sector reform is the foundation for economic growth and job creation in South Africa, especially considering the large amount of investment needed in transmission and distribution infrastructure. 
]]></description>
            <author>Marleny Arnoldi</author>
            <category>ELECTRICITY &amp; ECONOMY</category>
            <pubDate>Mon, 23 Feb 2026 14:16:00 +0200</pubDate>
        <a_id>715855</a_id>
        <updated>1771851149</updated>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>Energy Council CEO James Mackay</image_title>
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            <title>2026 Budget: What will Godongwana do on debt, taxes?</title>
            <link>https://www.engineeringnews.co.za/article/2026-budget-what-will-godongwana-do-on-debt-taxes-2026-02-23</link>
            <description><![CDATA[Finance Minister Enoch Godongwana will present the 2026 budget bill to lawmakers on Wednesday. Investors in Africa's economic powerhouse are watching closely to see whether the Treasury can keep debt levels stable and limit borrowing without fresh tax shocks.]]></description>
            <author>  Reuters</author>
            <category>ECONOMY</category>
            <pubDate>Mon, 23 Feb 2026 12:39:00 +0200</pubDate>
        <a_id>715848</a_id>
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        <editor>  Reuters</editor>
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        <image_title>Finance Minister Enoch Godongwana</image_title>
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            <title>Budget must set out how country will build on reform – BLSA’s Mavuso</title>
            <link>https://www.engineeringnews.co.za/article/budget-must-set-out-how-country-will-build-on-reform-blsas-mavuso-2026-02-23</link>
            <description><![CDATA[The Budget to be delivered by Finance Minister Enoch Gondongwana on February 25 must build on the reform gains South Africa has made and provide strong support to drive and accelerate reforms while also building on its trajectory of fiscal consolidation and discipline, says business organisation Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso. South Africa's structural reform programme has the potential to deliver meaningful economic growth, as long as the country maintains the pace of reform implementation.]]></description>
            <author>Schalk Burger</author>
            <category>BUSINESS BUDGET</category>
            <pubDate>Mon, 23 Feb 2026 10:55:00 +0200</pubDate>
        <a_id>715827</a_id>
        <updated>1771838397</updated>
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        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Diageo warns increasing excise on spirits yet again will benefit criminals, not the State</title>
            <link>https://www.engineeringnews.co.za/article/diageo-warns-increasing-excise-on-spirits-yet-again-will-benefit-criminals-not-the-state-2026-02-19</link>
            <description><![CDATA[Spirits producer Diageo South Africa has warned that any further increases in taxes on these alcoholic drinks would likely only strengthen organised crime networks in the country. Above 6% increases have been implemented over the past two financial years. If the Finance Minister did the same in his 2026/27 budget, to be released next week, it would take the excise on a 750 ml bottle of spirits (brandy, gin, rum, vodka and whisky) to more than R100. In 2016, the excise levied had been R52.]]></description>
            <author>Rebecca Campbell</author>
            <category>TAXATION</category>
            <pubDate>Thu, 19 Feb 2026 11:26:00 +0200</pubDate>
        <a_id>715644</a_id>
        <updated>1771507875</updated>
        <published>1771493160</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001254782_resized_beer1022bloomberg.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Cape Town banks R412m in performance grant funding from National Treasury</title>
            <link>https://www.engineeringnews.co.za/article/cape-town-banks-r412m-in-performance-grant-funding-from-national-treasury-2026-01-29</link>
            <description><![CDATA[National Treasury has awarded Cape Town R412-million in performance grant-funding as part of the newly-introduced Metro Trading Services Reform grant. This funding is provided in recognition of good governance and the sustainability reforms made in the city’s water and sanitation, energy, and urban waste management departments.]]></description>
            <author>Irma Venter</author>
            <category>URBAN DEVELOPMENT</category>
            <pubDate>Thu, 29 Jan 2026 14:38:00 +0200</pubDate>
        <a_id>714170</a_id>
        <updated>1769695314</updated>
        <published>1769690280</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001250411_resized_enlitafricafrostsullivanwater05241022.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Removing VAT from chicken offers immediate response to low purchase power, food insecurity – SAPA </title>
            <link>https://www.engineeringnews.co.za/article/removing-vat-from-chicken-offers-immediate-response-to-low-purchase-power-food-insecurity-sapa-2026-01-23</link>
            <description><![CDATA[The South African Poultry Association (SAPA) has, once again, called on the National Treasury to remove the 15% value-added tax (VAT) on specific chicken products, ahead of the 2026 National Budget, which is set to be presented on February 25. 

SAPA has long advocated that chicken be added to South Africa’s list of zero-rated basic foodstuffs, joining the likes of maize meal, rice, milk, eggs, tinned pilchards and brown bread. 

]]></description>
            <author>Marleny Arnoldi</author>
            <category>BUDGET &amp; FOOD</category>
            <pubDate>Fri, 23 Jan 2026 12:11:00 +0200</pubDate>
        <a_id>713746</a_id>
        <updated>1769163584</updated>
        <published>1769163060</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001249162_resized_chickenprocessline082017bloomberg1022.jpg</image_url>
        <image_title>Chicken process line</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Govt to require 2% of housing grants to go to innovative building technologies</title>
            <link>https://www.engineeringnews.co.za/article/govt-to-require-2-of-housing-grants-to-go-to-innovative-building-technologies-2026-01-21</link>
            <description><![CDATA[The Department of Human Settlements (DHS) will require provinces and metropolitan municipalities to allocate at least 2% of their 2026/27 housing grants to innovative building technologies (IBTs), signalling a push to accelerate housing delivery and improve resilience in disaster-prone areas. Human Settlements Minister Thembi Simelane confirmed this during a briefing on January 21, which preceded the DHS’s hosting of the Innovative Building Technologies Summit from February 3 to 4, at Nasrec, in Gauteng.]]></description>
            <author>Darren Parker</author>
            <category>CONSTRUCTION</category>
            <pubDate>Wed, 21 Jan 2026 16:18:00 +0200</pubDate>
        <a_id>713573</a_id>
        <updated>1769006520</updated>
        <published>1769005080</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001248692_resized_thembisimelane010720251022.jpeg</image_url>
        <image_title>Human Settlements Minister Thembi Simelane</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Godongwana invites concise suggestions on 2026 Budget </title>
            <link>https://www.engineeringnews.co.za/article/godongwana-invites-concise-suggestions-on-2026-budget-2026-01-20</link>
            <description><![CDATA[Finance Minister Enoch Godongwana has invited suggestions on the 2026 Budget ahead of him presenting it in Parliament on February 25. 

The Budget allocation aims to strike a balance between growing the economy and supporting the vulnerable, with due consideration to government’s limited resources. 
]]></description>
            <author>Marleny Arnoldi</author>
            <category>ECONOMY</category>
            <pubDate>Tue, 20 Jan 2026 15:38:00 +0200</pubDate>
        <a_id>713461</a_id>
        <updated>1768946065</updated>
        <published>1768916280</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001248419_resized_enochgodongwana3010202410221.jpeg</image_url>
        <image_title>Finance Minister Enoch Godongwana</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Absa CIB arranged Treasury’s R11.8bn infrastructure bond</title>
            <link>https://www.engineeringnews.co.za/article/absa-cib-arranged-treasurys-r118bn-infrastructure-bond-2025-12-10</link>
            <description><![CDATA[Absa Corporate and Investment Banking (CIB) acted as sole lead arranger and infrastructure finance structuring agent for the National Treasury’s R11.8-billion Infrastructure and Development Finance Bond, which was issued this week to support projects under the Government’s Budget Facility for Infrastructure. The transaction was executed under the Domestic Multi-Term Note Programme and comprised two senior unsecured fixed-rate tranches, the RI2036 and RI2041, both offering semi-yearly coupon payments.]]></description>
            <author>Darren Parker</author>
            <category>FINANCE</category>
            <pubDate>Wed, 10 Dec 2025 16:05:00 +0200</pubDate>
        <a_id>711914</a_id>
        <updated>1765376990</updated>
        <published>1765375500</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>South Africa raises R11.8bn in first Infrastructure and Development Finance Bond</title>
            <link>https://www.engineeringnews.co.za/article/south-africa-raises-r118bn-in-first-infrastructure-and-development-finance-bond-2025-12-09</link>
            <description><![CDATA[The National Treasury has successfully raised nearly R11.8-billion through South Africa’s inaugural Infrastructure and Development Finance Bond, marking a major step in financing priority public infrastructure projects. It reported on December 9 that the auction had attracted strong market interest, with bids exceeding R26-billion and achieving a 2.2-times subscription rate.]]></description>
            <author>Darren Parker</author>
            <category>CONSTRUCTION</category>
            <pubDate>Tue, 09 Dec 2025 15:17:00 +0200</pubDate>
        <a_id>711807</a_id>
        <updated>1765289319</updated>
        <published>1765286220</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001243921_resized_adobestock22260962610221.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Infrastructure focus could spark long-awaited construction revival but obstacles persist</title>
            <link>https://www.engineeringnews.co.za/article/infrastructure-focus-could-spark-long-awaited-construction-revival-but-obstacles-persist-2025-12-05</link>
            <description><![CDATA[South Africa’s construction and infrastructure sector enters 2026 with a rare window of opportunity. The Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana in October, sets out a decisive, albeit fragile, pivot towards rebuilding the country’s economic base by shifting the composition of public spending away from consumption and towards capital investment. The National Treasury’s insistence on restoring fiscal discipline is paired with an equally strong ...]]></description>
            <author>Lumkile Nkomfe </author>
            <category>CONSTRUCTION</category>
            <pubDate>Fri, 05 Dec 2025 00:00:00 +0200</pubDate>
        <a_id>710882</a_id>
        <updated>1764663100</updated>
        <published>1764885600</published>
        <expires>99999999999</expires>
        <editor>Martin Zhuwakinyu</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001242514_resized_breakthrough.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Local government expenditure expected to exceed revenue for next three years - Treasury</title>
            <link>https://www.engineeringnews.co.za/article/local-government-expenditure-expected-to-exceed-revenue-for-next-three-years---treasury-2025-12-01</link>
            <description><![CDATA[National Treasury has published the 2025/26 Medium Term Revenue and Expenditure Framework (MTREF) operating and capital budgets of municipalities, which shows that the aggregated budgeted revenue for 2025/26 is R675.8-billion, which is expected to increase to R712.6-billion in 2026/27 and R753.5-billion in 2027/28. However, total municipal expenditure in 2025/26 is estimated to be R698-billion, which exceeds the budgeted revenue for that period, increasing to R728.3-billion in 2026/27 and R764-billion in 2027/28, which also exceed the budgeted revenue for those periods.]]></description>
            <author>Schalk Burger</author>
            <category>GOVERNMENT BUDGET</category>
            <pubDate>Mon, 01 Dec 2025 16:47:00 +0200</pubDate>
        <a_id>711241</a_id>
        <updated>1764601831</updated>
        <published>1764600420</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Ramaphosa reiterates government’s shift from consumption to investment</title>
            <link>https://www.engineeringnews.co.za/article/ramaphosa-reiterates-governments-shift-from-consumption-to-investment-2025-11-13</link>
            <description><![CDATA[President Cyril Ramaphosa has reiterated government’s strategic shift in government spending during his address at the 2025 National Construction Summit in Ekurhuleni, on November 13, promising the prioritisation of long-term investment over consumptive social spending and subsidies. “We are shifting the composition of spending from consumption to investment. Capital payments are the fastest-growing expenditure item on our national Budget. They are expected to increase to about 7.5% over the medium term,” Ramaphosa said.]]></description>
            <author>Darren Parker</author>
            <category>CONSTRUCTION</category>
            <pubDate>Thu, 13 Nov 2025 15:49:00 +0200</pubDate>
        <a_id>709928</a_id>
        <updated>1763043324</updated>
        <published>1763041740</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001238513_resized_cyrilramaphosa060320251022.jpeg</image_url>
        <image_title>President Cyril Ramaphosa</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Inflation target, tax collection among MTBPS highlights</title>
            <link>https://www.engineeringnews.co.za/article/inflation-target-tax-collection-among-mtbps-highlights-2025-11-12</link>
            <description><![CDATA[Engineering News editor Terence Creamer talks about the big themes in the 2025 Medium-Term Budget Policy Statement (MTBPS) presented by Finance Minister Enoch Godongwana on November 12.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>ECONOMY</category>
            <pubDate>Wed, 12 Nov 2025 16:53:00 +0200</pubDate>
        <a_id>709740</a_id>
        <updated>1762987529</updated>
        <published>1762959180</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>1</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001238117_resized_1022x575secondtakeen.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        <attachments><attachment><url>https://cisp.cachefly.net/assets/articles/attachments/95785_2025-11-12_secondtake_en.mp4</url><size>99003422</size><title>Inflation target, tax collection among MTBPS highlights</title></attachment></attachments>
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        <item>
            <title>R6.7bn in savings secured under Targeted and Responsible Savings scheme</title>
            <link>https://www.engineeringnews.co.za/article/r67bn-in-savings-secured-under-targeted-and-responsible-savings-scheme-2025-11-12</link>
            <description><![CDATA[The National Treasury has started to quantify the savings it is expecting from its Targeted and Responsible Savings (TARS) initiative, which seeks to identify low-priority or underperforming programmes for possible closure, as well as to weed out ghost workers. The approach seeks to move away from the across-the-board cuts to budgets that have been implemented in previous Budget cycles, and which the National Treasury acknowledges eroded services and financial management.]]></description>
            <author>Terence Creamer</author>
            <category>MTBPS 2025</category>
            <pubDate>Wed, 12 Nov 2025 16:42:00 +0200</pubDate>
        <a_id>709800</a_id>
        <updated>1762958860</updated>
        <published>1762958520</published>
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        <editor>Creamer Media Reporter  </editor>
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        <image_title>National Treasury DG Duncan Pieterse</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Treasury confirms support for distribution agency agreements as Eskom arrear debt rises</title>
            <link>https://www.engineeringnews.co.za/article/treasury-confirms-support-for-distribution-agency-agreements-as-eskom-arrear-debt-rises-2025-11-12</link>
            <description><![CDATA[The National Treasury has confirmed that a scheme established to enable municipalities to write of arrear debt owing to Eskom by meeting various conditions, including keeping their current accounts up to date, is failing to arrest the crisis. “While 24 municipalities have qualified for the first one-third write-off after 12 consecutive months of payments and 21 have generally maintained payments, as of 7 May 2025, 47 municipalities remain in default,” a section in the Medium-Term Budget Policy Statement confirms.]]></description>
            <author>Terence Creamer</author>
            <category>MTBPS 2025</category>
            <pubDate>Wed, 12 Nov 2025 14:00:00 +0200</pubDate>
        <a_id>709768</a_id>
        <updated>1762951123</updated>
        <published>1762948800</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001238078_resized_eskomsubstation03231022.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
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        <item>
            <title>As expected, South Africa lowers inflation target to 3%</title>
            <link>https://www.engineeringnews.co.za/article/as-expected-south-africa-lowers-inflation-target-to-3-2025-11-12</link>
            <description><![CDATA[As anticipated, Finance Minister Enoch Godongwana confirmed a lowering of South Africa's inflation target to 3%, with a 1 percentage point tolerance band on either side, in his Medium-Term Budget Policy Statement (MTBPS). At one point, the Minister had appeared to be at odds with Reserve Bank governor Lesetja Kganyago, who has been a strong advocate of reducing the target from the current band of 3% to 6%, reminding Kganyago that it was he who was responsible for setting monetary policy in consultation with the Governor of the Reserve Bank.]]></description>
            <author>Terence Creamer</author>
            <category>MTBPS 2025</category>
            <pubDate>Wed, 12 Nov 2025 14:00:00 +0200</pubDate>
        <a_id>709769</a_id>
        <updated>1762951808</updated>
        <published>1762948800</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001238081_resized_wagenegotiationscomsolidarity201710221.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Godongwana outlines plans for shifting spending focus towards infrastructure</title>
            <link>https://www.engineeringnews.co.za/article/godongwana-outlines-plans-for-shifting-spending-focus-towards-infrastructure-2025-11-12</link>
            <description><![CDATA[Finance Minister Enoch Godongwana has outlined several initiatives being undertaken to finally begin shifting the composition of government spending from consumption to capital investment, including plans for a R15-billion infrastructure bond in the coming months. Such a shift has been signalled for several years, but the Medium-Term Budget Policy Statement (MTBPS) reaffirms that capital payments will be the fastest-growing area of spending over the coming three years, with plans also advancing to accelerate private sector participation in the financing and delivery of infrastructure.]]></description>
            <author>Terence Creamer</author>
            <category>MTBPS 2025</category>
            <pubDate>Wed, 12 Nov 2025 14:00:00 +0200</pubDate>
        <a_id>709767</a_id>
        <updated>1763042153</updated>
        <published>1762948800</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001238075_resized_enochgodongwana210520251022.jpeg</image_url>
        <image_title>Finance Minister Enoch Godongwana</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        <attachments><attachment><url>https://cisp.cachefly.net/assets/articles/attachments/95783_2025_mtbps_speech___12112025.pdf</url><size>1503347</size><title>To download a copy of the Minister's speech, click here</title></attachment></attachments>
        <media:group><media:content url="https://cisp.cachefly.net/assets/articles/attachments/95783_2025_mtbps_speech___12112025.pdf" fileSize="1503347" type="video" medium="video" expression="full"><media:description type="plain">To download a copy of the Minister's speech, click here</media:description></media:content></media:group>
        </item>
        <item>
            <title>MTBPS should confirm fiscal progress – BLSA CEO </title>
            <link>https://www.engineeringnews.co.za/article/mtbps-should-confirm-fiscal-progress-blsa-ceo-2025-11-10</link>
            <description><![CDATA[The Medium-Term Budget Policy Statement (MTBPS) to be presented in Parliament this week is another opportunity for government to signal real progress in improving the management of the country’s finances, following positive sentiment following the removal of South Africa from the Financial Action Task Force grey list, business leadership organisation Business Leadership South Africa CEO Busi Mavuso writes in her latest newsletter. “The remarkable story is that, despite our extremely weak economic growth levels, government has managed to keep tight control of both expenditure and revenue. Indeed, many economists are expecting better numbers than were tabled when the Budget was finally passed earlier in the year, after the debate over a potential value added tax (VAT) increase was resolved,” she explains.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>FINANCE </category>
            <pubDate>Mon, 10 Nov 2025 10:24:00 +0200</pubDate>
        <a_id>709566</a_id>
        <updated>1762767888</updated>
        <published>1762763040</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001237394_resized_businessleadershipsouthafricaceobusimavuso2303221022.jpg</image_url>
        <image_title>Business Leadership South Africa CEO Busi Mavuso </image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Consultancy calls for creation of ‘Just Transition Worker Fund’ to address climate-linked ...</title>
            <link>https://www.engineeringnews.co.za/article/consultancy-calls-for-creation-of-just-transition-worker-fund-to-address-climate-linked-inequality-2025-11-07</link>
            <description><![CDATA[Research and consulting firm PBS Development Consulting has recommended the establishment of a dedicated ‘Just Transition Worker Fund’ to ensure South Africa’s climate transition addresses inequality, employment precarity and uneven municipal capacity. Speaking at the Just Transition Labour Centre’s (JTLC’s) inaugural Annual Policy Conference, in Sandton, on November 6, PBS researcher Mamokete Modiba said the fund should enable differentiated access across stakeholders and municipalities, particularly those in rural areas that are less resourced than metropolitan counterparts.]]></description>
            <author>Darren Parker</author>
            <category>ENERGY TRANSITION</category>
            <pubDate>Fri, 07 Nov 2025 14:07:00 +0200</pubDate>
        <a_id>709482</a_id>
        <updated>1762519924</updated>
        <published>1762517220</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001237219_resized_coalpowerstationbloomberg1022.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Policy integral to shaping oil and gas outlook – law firm</title>
            <link>https://www.engineeringnews.co.za/article/policy-integral-to-shaping-oil-and-gas-outlook-law-firm-2025-10-17</link>
            <description><![CDATA[Although significant oil and gas discoveries across Southern Africa have sharpened investor focus, unlocking that potential is not only geological; it also requires an astute understanding of the legal, fiscal, administrative and commercial requirements thereof, highlights law firm Webber Wentzel corporate practice partner and mining sector head Jonathan Veeran. As capital becomes increasingly mobile and investors weigh frontier markets against proven jurisdictions, South Africa must reckon with specific interlinked challenges that could define its upstream future.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>Budget</category>
            <pubDate>Fri, 17 Oct 2025 00:00:00 +0200</pubDate>
        <a_id>706812</a_id>
        <updated>1759414440</updated>
        <published>1760652000</published>
        <expires>99999999999</expires>
        <editor>Nadine James</editor>
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Gas will not take off just because it's in the ground. It takes deliberate market creation, infrastructure investment and smart policy to make the upstream development worthwhile</image_title>
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            <title>Parliament slams Joburg mayor over water crisis and R4bn shortfall</title>
            <link>https://www.engineeringnews.co.za/article/parliament-slams-joburg-mayor-over-water-crisis-and-r4bn-shortfall-2025-09-19</link>
            <description><![CDATA[The Portfolio Committee on Water and Sanitation has said it is “perturbed by the lackadaisical attitude” of City of Johannesburg executive mayor Dada Morero toward resolving the water shortage challenges facing the city, following a meeting with the city, Johannesburg Water, Rand Water and the Department of Water and Sanitation (DWS). “It is disturbing that the municipality seems uncertain about the intervention mechanisms required, nor is it able to provide tangible timelines, especially regarding the funding of capital expenditure for Johannesburg Water.]]></description>
            <author>Darren Parker</author>
            <category>WATER</category>
            <pubDate>Fri, 19 Sep 2025 16:23:00 +0200</pubDate>
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        <editor>Chanel de Bruyn</editor>
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            <title>Outa takes Sanral to court to have e-toll debt cases declared abandoned</title>
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            <description><![CDATA[The Organisation Undoing Tax Abuse (Outa) has filed legal action against the South African National Roads Agency Limited (Sanral) and three Ministers, asking the High Court to declare that Sanral has abandoned the collection of the outstanding e-toll debts. The action was filed in the Pretoria High Court on August 20. The applicants are Outa and 2 028 e-toll defendants, individuals and businesses, whom Outa has been defending for years in terms of its E-Toll Defence Umbrella. The respondents ...]]></description>
            <author>Darren Parker</author>
            <category>LEGAL</category>
            <pubDate>Wed, 17 Sep 2025 14:32:00 +0200</pubDate>
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        <editor>Chanel de Bruyn</editor>
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