National Treasury
National Treasury is South Africa's finance ministry, responsible for managing the country's public finances and economic policy. The department formulates and implements fiscal policy, prepares the national budget, and oversees government expenditure across all spheres of government. It is headed by the Minister of Finance and supported by the Director-General and a team of deputy directors-general. National Treasury plays a central role in macroeconomic planning, revenue collection oversight, and the regulation of public-sector financial management. The department also manages South Africa's debt issuance programme, including conventional bonds, inflation-linked bonds and, more recently, green bonds and other sustainable finance instruments. It sets the framework for municipal and provincial budgets and monitors compliance with the Public Finance Management Act and Municipal Finance Management Act. National Treasury engages with international financial institutions, ratings agencies and investors on behalf of the South African government. The department also houses specialised units focused on asset and liability management, public-private partnerships, and financial sector policy. Established in its modern form following South Africa's transition to democracy in 1994, National Treasury has been instrumental in shaping the country's fiscal framework and maintaining macroeconomic stability through successive economic cycles.
National Treasury Updates
Ekurhuleni secures approval to procure 2 400 MW from IPPs weeks before election
By: Terence Creamer 19th October 2026 The City of Ekurhuleni in Gauteng, which is a key manufacturing and logistics hub, has secured a Section 34 Ministerial determination under the... →
Govt investment needed to drive growth, after national finances stabilised – Mavuso
By: Schalk Burger 19th October 2026 While South Africa has stabilised its national debt and finances, government needs to invest its budget to drive growth in the country, says... →
South Africa set for brighter fiscal outlook in Wednesday's mid-term budget 
By: Reuters 19th October 2026 South Africa's finance minister is expected to present an improved fiscal outlook in his mid-term budget on Wednesday, with a revenue windfall... →
Plugging leaks paramount, but other risks persist, DWS director-general warns
By: Natasha Odendaal 19th October 2026 While many of South Africa’s water challenges could be fixed by resolving the high level of losses in the water system, risks remain nonetheless,... →
South Africa on path to investment-grade rating, Investec says
By: Bloomberg 19th October 2026 South Africa stands a good chance of regaining its investment-grade credit rating within two years and next week’s mid-term budget could take... →
DA launches online portal to report dodgy tenders
14th October 2026 Today, the DA launched a new whistle blower portal where members of the public can submit information about corrupt, fraudulent and suspicious... →
Radical economic policies in Argentina offer lessons – but not a blueprint – for South Africa
14th October 2026 Economic reform is usually judged by its numbers: inflation, deficits, growth. Less attention goes to the beliefs and habits that decide whether... →
BLSA calls for definitive scheduling of Independent Transmission Projects programme
By: Lumkile Nkomfe 12th October 2026 Business organisation Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has warned against a delay to the Independent Transmission... →
South Africa need not wait for corruption convictions
By: ISS, Institute for Security Studies 12th October 2026 The country has several powerful tools to prevent corruption before more damage is done. Why aren’t they being used? For many South Africans,... →
South Africa's electricity market is being rewired at pace, and so are the rules of project finance
12th October 2026 The Department of Electricity and Energy has published the Electricity Sector Market Transformation Position Paper, 2026 (the Position Paper), the... →
