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Budget 2026

Latest news & developments
Minister Stella Ndabeni outlines how the department will allocate its resources to support small businesses.
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Recorded | Stella Ndabeni delivers small business development budget vote

Stella Ndabeni to deliver small business development budget vote in parliament

Godongwana said persistent logistics bottlenecks, weak public infrastructure and the recent outbreak of foot-and-mouth disease continue to weigh on economic activity and pose risks to the outlook. File photo

BUDGET 2026| Foot-and-mouth and mining output undermine stronger GDP, Godongwana warns

Higher gold and PGM prices won't reverse long-term contraction of SA output, he said

Minister Enoch Godongwana  at the media briefing ahead of the national budget speech at Imbizo Media Centre on February 25, 2026 in Cape Town.

BUDGET 2026 | R20bn tax relief as proposed increase is dropped

Improvements in tax collection help make up for reversal of R20bn increase

As part of efforts to contain the public-sector wage bill, the budget provides R3.7bn over 2025/26 and 2026/27 for an early retirement initiative. File photo

R12bn in savings targeted as Treasury moves to trim wage bill

Early retirement and payroll audits drive consolidation effort

The health department told parliament last year that it wanted medical tax credits to be phased out to help fund National Health Insurance (NHI), potentially starting with high-income earners as soon as April.  File photo

BUDGET 2026 | Treasury declines health department’s call to phase out medical tax credits

Credits increased in line with inflation, contrary to health department's plan

The government’s social development programme has been allocated R448bn for the upcoming financial year, with the bulk of it going to social grants. File photo.

BUDGET 2026 | 300,000 grant recipients flagged for possible fraud

More than 291,000 social grant beneficiaries have been flagged for benefit reviews as government moves to clamp down on fraud and corruption in its social security net, according to budget documents.

Minister Enoch Godongwana  at the media briefing ahead of the national budget speech at Imbizo Media Centre on February 25, 2026 in Cape Town.

BUDGET 2026 | R20bn tax relief as proposed increase is dropped

Improvements in tax collection help make up for reversal of R20bn increase

Finance minister Enoch Godongwana. File photo.

IN FULL | Finance minister Enoch Godongwana’s budget speech

Finance minister Enoch Godongwana delivered his much-anticipated 2026 budget speech, in which he outlined the government’s fiscal plan for the year

Minister Enoch Godongwana  at the media briefing ahead of the national budget speech at Imbizo Media Centre on February 25, 2026 in Cape Town.

BUDGET 2026 | Treasury declines health department’s call to phase out medical tax credits

Credits increased in line with inflation, contrary to health department's plan

The value of the grant remains frozen at R370. Picture:

BUDGET 2026 | Poor to still get R370 grant

Treasury increases all other welfare grants in line with inflation.

Finance minister Enoch Godongwana.

BUDGET 2026 | Good news for small businesses and savers

Good news for small businesses and savers

Finance Minister Enoch Godongwana will deliver the budget speech for 2026 on Wednesday.
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RECORDED | Finance minister Enoch Godongwana delivers budget 2026 speech

Finance minister Enoch Godongwana is delivering the 2026 budget speech on Wednesday in parliament.

Finance minister Enoch Godongwana will delivers his 2026 budget speech in Cape Town on Wednesday
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BUDGET 2026 | Godongwana confirms R370 SRD grant will continue

Rolling coverage of the much-anticipated budget speech.