Former Finance Minister Nhlanhla Nene has cautioned that the National Treasury faces tough decisions to rein in government spending as it prepares to reintroduce the 2025/26 budget to Parliament next month. He believes the option of borrowing more money is no longer viable, given the country’s mounting debt burden. Government’s initial plan to raise R58… Read More »Nhlanhla Nene Warns Treasury: ‘We Can’t Spend Money We Don’t Have’ as Debt Soars The post Nhlanhla Nene Warns Treasury: ‘We Can’t Spend Money We Don’t Have’ as Debt Soars first appeared on iAfrica.