Contingency reserves won’t be spent on Eskom and Transnet: Godongwana

Other measures were also on the horizon a bit further out. The country’s 2025/2026 budget, scheduled for February next year, could also see more pronounced adjustments than the last one, the minister said.“If you want to do a fiscal consolidation, you must do it far away from the election — and the timing for us is the budget we will table on February 19 2025,” Godongwana said when asked about the absence of significant expenditure reductions in the recent budget.The next budget, nearly a year down the line, must send a signal and timeline by which fiscal consolidation would be…