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
Eskom Restructuring Task Team outlines terms of reference for creation of TSO
By: Terence Creamer Updated 6 hours ago The Eskom Restructuring Task Team (ERTT) has outlined the terms of reference guiding its deliberations on the establishment of an independent... →
Daily Podcast – June 08, 2026
By: Thabi Shomolekae 8th June 2026 Making headlines: Govt writes off e-toll debt, but those who paid will not receive refunds; Treasury welcomes Fitch upgrade to BB with stable... →
South Africa's Treasury welcomes Fitch upgrade to BB with stable outlook 
By: Schalk Burger 8th June 2026 The National Treasury has welcomed credit rating agency Fitch’s decision to upgrade South Africa’s long-term foreign and local currency credit... →
Business leaders demand national govt step in to rescue Joburg from economic collapse
By: Thabi Shomolekae 4th June 2026 The South African business sector has issued an urgent call to political parties and national government to immediately stabilise the City of... →
Caught after moving R182-million in Bitcoin offshore without regulatory approval: High Court confirms crypto falls within exchange control regulations
4th June 2026 In a significant judgment for South Africa's cryptocurrency market, the Johannesburg High Court on 1 June 2026, ruled that Bitcoin constitutes... →
Labour and Employment committee calls for urgent implementation of SONA employment commitments
4th June 2026 The Portfolio Committee on Employment and Labour has welcomed the Department of Employment and Labour’s analysis of the 2026 State of the Nation... →
September Distribution Agency Agreement deadline looms for Eskom-indebted municipalities
By: Terence Creamer 3rd June 2026 The National Treasury has issued termination letters to 13 municipalities and is preparing to issue similar notices to 14 others in relation to... →
Joburg budget remains a concern, interest groups note
By: Natasha Odendaal 3rd June 2026 The City of Johannesburg's final 2026/27 budget still fails to resolve its underlying crisis of infrastructure decline, weak financial management,... →
SA: Khumbudzo Ntshavheni: Address by Minister in The Presidency, on the occasion of The Presidency Budget Vote 2026/2027, National Assembly (02/06/2026)
3rd June 2026 his represents an increase of 7.1% from the previous financial year. This increase ensures that we have the necessary capacity to drive the... →
Kenny Kunene destroys Joburg public transport
2nd June 2026 The Democratic Alliance (DA) in Johannesburg has learnt of possible industrial action by Metrobus drivers due to a dispute over shift cuts, pay and... →
