The South African National Budget
Get access to commentary and thought leadership pieces written by our subject matter specialists who provide a 360-degree view of their budget expectations, insights and analysis following the Medium-Term. Budget Policy Statement.
2026 Medium-Term Budget Policy Statement in a nutshell
On Wednesday, 21 October 2026, South Africa’s Honourable Minister of Finance, Mr Enoch Godongwana, delivered the 2026 Medium-Term Budget Policy Statement (MTBPS).
The minister speech indicates noteworthy strides in fiscal stabilisation. Key indicators such as improved revenue collection, a reduced budget deficit and a more optimistic debt trajectory signal progress and provide a measure of optimism for the country’s financial outlook.
For more post-budget insights, and to download our Deloitte Africa post-MTBPS Infographic which provides a quick overview of some of the key messages and statistics of the MTBPS, click on the below tabs.
2026/27 Post-National Budget Commentary (25 February 2026)
2026/27 Pre-National Budget Predictions
Click on the tabs below to get access to pre-Budget commentary and insights from our subject matter experts.
Itireleng Kubeka
