ARTICLE · 21 NOVEMBER 2025

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The South African government is walking a fiscal tightrope, attempting to fund critical investments in education...

South AfricaTax

Khanyisa Cingo-Ngandu

South Africa's Investment Ambitions Clash with Fiscal Reality

The South African government is walking a fiscal tightrope, attempting to fund critical investments in education, health, and infrastructure amid high debt costs, rising global trade tensions, sluggish economic growth both locally and abroad, and mounting pressure for expanded social protection spending.

Earlier this year, academic experts from the University of Johannesburg, speaking on an SNG Grant Thornton facilitated podcast titled Trade and Taxes, laid out a roadmap to stimulate long-term growth. Professors emphasised that strategic investment was urgently needed in three core areas:

Education: A focus on early childhood development, improved access and outcomes in higher education, and a decisive shift to align curricula with future demands, including introducing AI and technology training from an early age. Improved investment on research and development to secure the future.

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