MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / The budget highlights why South Africa needs mining to thrive | SA News

The budget highlights why South Africa needs mining to thrive | SA News

THE Minerals Council South Africa (MCSA) notes the tabling of the third iteration of the 2025 National Budget which highlights why the economy needs a thriving mining industry.

The revised budget numbers reflect the double hit to government revenue and the debt ratio from not going ahead with the VAT hikes proposed in the March budget, as well as the downward adjustment to Treasury’s nominal GDP forecast. The latter is a function of a weaker starting point after a soft fourth quarter 2024 GDP release and concerns about the adverse domestic spillovers from global trade wars.

A weaker real GDP growth outlook and lower inflation means that the Treasury’s nominal GDP projection, the key…

Durban July: One of the biggest horse racing events in Africa, the Durban July
combines fashion and horse racing in a glamorous setting.

Read More at the Source

Category: Tag: , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Older Persons Grants Land Today — No Need to Queue at Dawn

    Dear Editor, Older Persons grants are paid today, 30 October, under SASSA’s revised November payment schedule — with disability grants on Monday 2 November, children’s grants on Tuesday 3 November, and grants under review on Thursday 5 November. Two things every beneficiary should know. First, grant money does not expire on payment day. It stays…

  • November Grants Pay Early – No Need to Queue at Dawn

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. November grants pay earlier than usual. Older Persons grants are paid on Friday 30 October, Disability grants on 2 November, and Child Support and other grants on 3 November. Grants still under review are paid on 5 November. The money…

  • NSFAS 2027 applications close on 31 October — SASSA households, apply now

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. NSFAS applications for the 2027 academic year close on Friday 31 October 2026, and no extension is expected. If your household receives a SASSA grant, your child already passes the NSFAS financial eligibility test — but they still have to…

Reader Interactions

Comments

  1. Did you know that another country lies within the borders of South Africa? The Kingdom of Lesotho is a sovereign state that is located in the Drakensberg Mountain area. The mountainous country has been nicknamed “the Kingdom in the Sky” thanks to the magnificent scenery and landscapes!