Tag: InfrastructureInvestment
MTBPS 2026 – balancing fiscal discipline with economic growth
This year's medium-term budget was delivered against a more difficult economic backdrop than February's national budget. Higher fuel prices and renewed global inflation pressures have squeezed household budgets and clouded the growth outlook. Yet resilient tax collections have provided some support for the public finances.
SME relief – VAT threshold increases to R2.3 million
South Africa’s 2026 National Budget has delivered targeted SME relief for small and medium-sized enterprises (SMEs). This includes a significant increase in the Value Added Tax (VAT) registration threshold. It also introduces enhanced capital gains tax exemptions for qualifying business owners.
Rail sector is on track – en route to implementation
South Africa’s rail sector is moving from diagnosis to delivery. The challenges are well documented. They include a shortage of operational trains, ageing infrastructure, widespread theft and vandalism, and operational inefficiencies. These bottlenecks spill into ports, slowing trade. Additionally, shifting trade routes, geopolitical instability and environmental concerns add further complexity.
