National Treasury

Welcome to the National Treasury Website
The National Treasury is responsible for managing South Africa's national government finances.

Supporting efficient and sustainable public financial management is fundamental to the promotion of economic development, good governance, social progress and a rising standard of living for all South Africans. The Constitution of the Republic (Chapter 13) mandates the National Treasury to ensure transparency, accountability and sound financial controls in the management of public finances. (more)

BUDGET 2020
The Minister of Finance, Hon. Tito Titus Mboweni will table the 2020 Budget in Parliament on 26 February 2020 at 2pm. All the documents relating to the Budget, including the Minister's speech, will be available on this website as soon as the Minister starts speaking in Parliament.
Please note: Hard copy documents will not be sold at the Pta, Jhb, or Ctn SARS offices from this year onwards. However, all documents will be available electronically from the website from 14:00 on Budget Day 26 February 2020.

Tips
The Minister of Finance would like to hear from you. Click on this link to provide a budget tip.

Latest News

26 Feb

	Budget 2020
	Draft 2020 Rates and Monetary Amounts and Amendment of Revenue Laws Bill	(495kb)
	Reviewing the Tax Treatment of Excessive Debt Financing, Interest Deductions and Other Financial Payments	(1,632kb)

19 Feb

Draft Public Procurement Bill

13 Feb

Advisory - Publication of the 2020 Budget Outreach Schedule for South African Universities

(197kb)

11 Feb

	Media Statement - Government Intervention in Mangaung	(661kb)
	Publication of Civil Society Representatives Nominated to the Participatory Mechanisms in Fiscal Policies Pilot Project	(408kb)

06 Feb

Media Statement - Parliament Gallery Tickets for the Budget

(285kb)

05 Feb

	Media Statement - Intergovernmental Fintech Working Group Publishes a Report on its 2019 Workshops	(102kb)
	Intergovernmental Fintech Working Group (IFWG) Workshops	(5,602kb)

04 Feb

Provisional Financing Figures as at 31 January 2020

(194kb)

30 Jan

	Invitation to Civil Society Groups Nomination of Representatives to the Participatory Mechanisms in Fiscal Policies Pilot Project	(320kb)
	Media Statement - The International Monetary Fund (IMF) Article IV Report on South Africa Following the 2019 Consultation	(383kb)
	2019 Article IV Consultation	(4,380kb)
	Statement of the National Revenue, Expenditure and Borrowing as at 31 December 2019

29 Jan

	Media advisory - Budget Tips 2020 - Make Your Voice Count	(494kb)
	Invitation to South African Institutions of Higher Learning to Participate in the Hosting of the 2020 Budget Outreach Initiative	(392kb)

22 Jan

	Media Statement - Intergovernmental FINTECH working group publishes research on the FINTECH start-up sector	(369kb)
	Fintech Scoping in South Africa – October 2019	(3,676kb)

21 Jan

	Media Statement - Publication of the 2019 Tax Acts and accompanying documentation	(185kb)
	2019 Tax Acts and accompanying documentation

19 Jan

Media Statement - Government of South Africa to attend UK-Africa Investment Summit and The World Economic Forum

(363kb)

16 Jan

Remarks by Minister of Finance, Mr Tito Mboweni, at the Team South Africa wef Davos Breakfast Briefing

(441kb)

13 Jan

Media Advisory - Pre-World Economic Forum Breakfast

(411kb)

09 Jan

Draft Municipal Fiscal Powers and Functions Amendment Bill

08 Jan

Media statement - Municipal Fiscal Powers and Functions Amendment (MFPFA) Bill

(411kb)

03 Jan

Provisional Financing Figures as at 31 December 2019

(194kb)

20 Dec

Media statement - Government’s Response to the Rating Action of Fitch Ratings

(369kb)

04 Dec

Opening Remarks by Mr Patrick Dlamini, Development Bank of Southern Africa (DBSA) CEO on behalf of the SA Minister of Finance

(295kb)

03 Dec

Provisional Financing Figures as at 30 November 2019

(315kb)

02 Dec

	2019 Carbon Tax Act and related draft regulations for public comment
	Speech by Deputy Minister, Dr. Masondo at JP Morgan Opportunities Conference	(623kb)
	Media statement - Draft amendments to Regulations in terms of Financial Sector Regulation Act, 2017	(299kb)
	Draft amendments to Regulations in terms of the Financial Sector Regulations Act, 2017	(112kb)
	Government Gazette 42872: Financial Sector Regulation Act (9/2017): Draft Amendments to Regulations in terms of the Act	(209kb)

29 Nov

	Media advisory: 15th Replenishment of the African Development Fund (ADF) - 4 to 5 December	(505kb)
	Draft amendments to Regulations in terms of the Financial Sector Regulations Act, 2017
	Statement of the National Revenue, Expenditure and Borrowing as at 31 October 2019

28 Nov

The Advert: Call for Members of the Board of the OMBUD Council

(84kb)

27 Nov

RFQ/Tender Scams

(495kb)

25 Nov

Media statement - The International Monetary Fund (IMF) Concludes Its Article Iv Consultation To South Africa

(253kb)

23 Nov

Media Statement - Government’s response to the rating action of S&P Global Ratings (S&P)

(442kb)

15 Nov

	Money Smart Week South Africa 2020 Announcement	(90kb)
	Media Advisory - Deputy Minister on KZN roadshow	(231kb)

04 Nov

	Provisional Financing Figures as at 31 October 2019	(117kb)
	Media Statement - Invitation for technical Tax proposals

02 Nov

Media Statement - Government’s response to the rating action of Moody’s Investors Service (Moody’s)

(382kb)

30 Oct

	2019 Medium-Term Budget Policy Statement
	Towards a Growth Agenda for SA	(1,263kb)
	Statement of the National Revenue, Expenditure and Borrowing as at 30 September 2019

21 Oct

Media Statement - Tabling of the 2019 Medium-Term Budget Policy Statement

(284kb)

17 Oct

Media statement - Deputy Minister of Finance on Roadshows to Provinces

(231kb)

09 Oct

Special Appropriation Bill for Eskom

(561kb)

07 Oct

	Deputy Minister's Speech at the Private Investors for Africa Event	(257kb)
	Media statement - Appointment of Ministry Spokesperson	(324kb)

04 Oct

Media statement - Increase in the Number of Scams Purporting to be from Ministry of Finance

(118kb)

02 Oct

Provisional Financing Figures as at 30 September 2019

(117kb)

30 Sep

Statement of the National Revenue, Expenditure and Borrowing as at 31 August 2019

24 Sep

Media Statement - Republic of South Africa issues two new bonds in the International Capital Markets

(294kb)

20 Sep

Media Statement - Confirmation of MTBPS date

(193kb)

18 Sep

Advisory - Interacting with the Ministry of Finance

(123kb)

16 Sep

Media statement - Minister Mboweni welcomes the Resignation of SASRIA Non-Executive Directors

(288kb)

03 Sep

	Press Release : 2018/19 Municipal Budget Information : Fourth Quarter Financial Results as at 30 June 2019
	Provisional Financing Figures as at 31 August 2019	(161kb)

30 Aug

Statement of the National Revenue, Expenditure and Borrowing as at 31 July 2019

27 Aug

	Economic Policy Paper for Public Comment	(312kb)
	Economic transformation, inclusive growth, and competitiveness: Towards an Economic Strategy for South Africa	(1,312kb)

26 Aug

Deputy Minister's Speech at the Tax Indaba

(319kb)

23 Aug

Media statement - Warning regarding scammers

(333kb)

22 Aug

Media Statement: Budget Council Holds First Meeting

(311kb)

13 Aug

The state of local government finances and financial management as at 30 June 2018

(2,545kb)

13 Aug

The state of local government finances and financial management as at 30 June 2018

(2,545kb)

02 Aug

Provisional Financing Figures as at 31 July 2019

(214kb)

01 Aug

Media Statement: Increase in Weekly Bond Auction Levels

30 Jul

	Statement of the National Revenue, Expenditure and Borrowing as at 30 June 2019
	Publication of the 2019 Draft Income Tax Amendment Bill for public comment

26 Jul

Government’s response to the rating action by Fitch Ratings (Fitch)

(293kb)

24 Jul

	Speech by the Minister of Finance Mr Tito Mboweni on the Special Appropriation Bill on Eskom	(195kb)
	Special Appropriation Bill on Eskom	(429kb)

21 Jul

2019 Budget Draft Tax Bills for public comment

11 Jul

	Budget Vote Speech by Minister of Finance Mr Tito Mboweni	(440kb)
	Budget Vote Speech by Deputy Minister of Finance Mr David Masondo	(418kb)

10 Jul

	Media Release: PIC and SARB Board of Directors’ appointments	(382kb)
	Annexure: Brief CVs of the PIC Board of Directors	(393kb)
	Exploring a new Dawn for Budding Public-Sector Economists with GTAC	(214kb)

04 Jul

Joint statement by the Minister of Finance Tito Mboweni and the Governor of the South African Reserve Bank Lesetja Kganyago

(174kb)

03 Jul

	Media Advisory: DDG Momoniat To Address The M&G Webber Wentzel Carbon Tax Breakfast Forum	(119kb)
	Media Advisory: 2019 Public Economics Winter School (Programme)	(184kb)

02 Jul

Provisional Financing Figures as at 30 June 2019

(193kb)

28 Jun

Statement of the National Revenue, Expenditure and Borrowing as at 31 May 2019

11 Jun

	Media statement: Cost Containment Regulations Made in Terms of Local Government: Municipal Finance Management Act, 2003	(325kb)
	Municipal Cost Containment Regulations 2019	(485kb)
	Cost Containment Regulations Annexure	(144kb)

10 Jun

2019 Draft Taxation Laws Amendment Bill

04 Jun

Provisional Financing Figures as at 31 May 2019

(191kb)

03 Jun

	Media statement: The International Monetary Fund (IMF) Concludes its Staff Visit to South Africa	312kb
	IMF Staff Concludes Visit to South Africa	(136kb)

31 May

	Press Release : 2018/19 Municipal Budget Information : Third Quarter Financial Results as at 31 March 2019	(422kb)
	Media statement: Technical adjustment to the composition of the Fuel levy rates announced in the 2019 Budget	(181kb)
	Media statement: Preliminary Provincial Revenue and Expenditure Outcomes Report for the 2018/19 Financial Year	(162kb)

30 May

Statement of the National Revenue, Expenditure and Borrowing as at 30 April 2019

27 May

Media Statement of 2019 Carbon Tax Act and Related Documents

24 May

Media Statement: Government’s Response to the Rating Action by S&P Global Ratings (S&P)

(309kb)

23 May

	Financial Matters Amendment Act 18 of 2019	(181kb)
	Public Audit Excess Fee Act 20 of 2019	(95kb)

03 May

	Provisional Financing Figures as at 30 April 2019	(193kb)
	Media Advisory: Invitation to a Workshop Provincial Budget Formats Guide	(151kb)

30 Apr

Statement of the National Revenue, Expenditure and Borrowing as at 31 March 2019

16 Apr

Notice - Determination of rate of levy imposed in terms of the Merchant Shipping (International Oil Pollution Compensation Fund) Contributions Act, 2013

(883kb)

02 Apr

	Media statement: NDB Annual Meeting a Resounding Success	(263kb)
	Provisional Financing Figures as at 31 March 2019	(193kb)

29 Mar

	Amendments to the Regulations in terms of the Financial Sector Regulation Act Amendment of Schedule 2 of the South African Reserve Bank Act	(634kb)
	Report on the consultation process for the amendments to regulations in terms of Financial Sector Regulation Act, 2017	(324kb)
	Commencement of certain provisions of the Financial Intelligence Centre Amendment Act, 2017	(264kb)
	Statement of the National Revenue, Expenditure and Borrowing as at 28 February 2019

28 Mar

Media Advisory: Minister will introduce the new Commissioner for the South African Revenue Service (SARS)

(180kb)

27 Mar

	Media statement: Appointment of new SARS Commissioner	(299kb)
	Edward CHR Kieswetter CV	(753kb)
	Report of the Selection Panel for Commissioner of SARS	(678kb)
	Nugent Commission Report pages 197 and 198	(326kb)
	Selection Panel to Recommend New Commissioner for SARS	(681kb)

18 Mar

	Consolidated Regulations After Amendments to Regulations: Electronic Services for the Purpose of the Definition of "Electronic Services" in Section 1(1) of the Value-Added Tax Act	(479kb)
	Explanatory Memorandum: Regulations Prescribing Electronic Services for the Purpose of the Definition of "Electronic Services" in Section 1(1) of the Value-Added Tax Act, 1991	(634kb)
	Government Gazette,: Regulations Prescribing Electronic Services for the Purpose of the Definition of "Electronic Services" in Section 1(1) of the Value-Added Tax Act, 1991	(251kb)

11 Mar

Media Advisory: Reminder to RSVP - 4th Annual Meeting of New Development Bank in Cape Town, South Africa

(437kb)

05 Mar

Media Advisory: Time Change of the Conduct of Financial Institutions Bill workshop

(220kb)

04 Mar

Provisional Financing Figures as at 28 February 2019

(193kb)

3 March

	Media Statement: Minister seeks review of PPs findings against Treasury DG	(244kb)
	Founding Affidavit	(610kb)
	Annexures	(2,733kb)

28 Feb

	Publication of Money Laundering and Terrorist Financing Control Regulations in terms of the FIC Act for public comment
	Statement of the National Revenue, Expenditure and Borrowing as at 31 January 2019
	Press Release: 2018/19 Municipal Budget Information : Second Quarter Financial Results as at 31 December 2018

26 Feb

Media Advisory: Conduct of Financial Institutions Bill workshop

(166kb)

22 Feb

Presentation: Public Workshop on Conduct of Financial Institutions Bill

(1,130kb)

20 Feb

Budget 2019

14 Feb

Media Advisory: 4th Annual Meeting of New Development Bank

(271kb)

12 Feb

Alert: Change of venue for public workshop on COFI Bill

(209kb)

07 Feb

Media statement: Process for appointing SARS Commissioner

(441kb)

04 Feb

Provisional Financing Figures as at 31 January 2019

(193kb)

31 Jan

	Financial Matters Amendment Bill as introduced in Parliament	(722kb)
	Media Advisory: Save the date - Media Workshop	(119kb)
	Invitation to the workshop on the review of the National Payment System Act	(101kb)