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expenditure growthlatest news & developments
Increasing tax rates can result in growth being choked; the global experience is that spending cuts tend to be less growth-retarding than revenue increases.
CANADA

Smart thinking for fiscal balance

A mix of tax increases and expenditure cuts are essential for long-term growth

  • Sabelo Mtantato
5 min read
Expenditure will be cut in various areas. Fee-free higher education will go ahead.
BUDGET

The poor don’t get to study for free

Spending cuts and VAT increase mean everyone will contribute to free higher education

  • Staff Reporter
4 min read
Business confidence makes a suprise jump in March
EXPENDITURE GROWTH

State starts shopping locally

The Preferential Public Procurement Framework Act 2000 , passed in December, are a concerted effort by the government to source supplies locally.

  • Faeeza Ballim
5 min read
ECONOMIC GROWTH

Expenditure growth slows in second quarter

The pace of spending in the economy slowed sharply in the second quarter — partly as household consumption eased — but investment has picked up.

  • Phumza Macanda
2 min read