SA’s Finance Minister proposes infrastructure financing reforms in budget speech

South Africa’s annual consumer price inflation rose to 5.3% in January from 5.1% in December last year, the first jump after two-consecutive months of moderation. Separately, SA’s Finance Minister Enoch Godongwana has announced proposed reforms to infrastructure financing aimed at optimising the sectoral value chain to be effective and efficient.

Written by: Tonata Kadhila

Consumer Prices Economic Policy Economic Reforms Inflation Rate Infrastructure Reforms South Africa Value Chain Optimization

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INFLATION DRIVERS

INFLATION DRIVERS: Housing, Water, Electricity, Gas, and other fuels, as well as Food and Non-Alcoholic Beverages, have been identified as the primary contributors to the annual inflation rate of 3.0% in November 2024. Each of the above commodities have been recorded as contributing 1.1 percentage points, while the category" Alcoholic […]

December 5, 2024 3

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Tjongarero appoints AU sports council for youth games

In an essential step towards hosting the African Union Sport Council (AUSC) Region 5 Youth Games, the Minister of Sport, Youth, and National Service, Agnes Tjongarero, appointed a Local Organising Committee (LOC) comprising seventeen (17) members to oversee the preparation and execution of the youth games. Their term officially began […]

December 4, 2024 3