Sin taxes are going up. But markets and analysts have raised a cautious glass to the 2024 Budget tabled on Wednesday by Finance Minister Enoch Godongwana.
The board of Transnet chaired by Andile Sangqu recently provided a list of preferred candidates to Public Enterprises Minister Pravin Gordhan to fill the CEO position, which became vacant after Portia Derby resigned in September 2023.
It is a step change in how Treasury approaches remuneration in the state. In previous years, all public servants, regardless of which department they worked in, would be in line to receive a pay rise.