DocumentClosedbudget
Speech by the Minister of Finance at Nedbank Top Empowerment Conference
The Co-operative Banks Development AgencyRef: https://www.treasury.gov.za/comm_media/speeches/2026/2026061801%20Speech%20-%20Minister%20of%20Finance%20at%20Nedbank%20Top%20Empowerment%20Conference%20.pdf
Official source
Source domain: treasury.gov.za
Collected on 28 June 2026
Always confirm details on the official source before acting.
What this means
The document is a speech delivered by South Africa's Minister of Finance at the Nedbank Top Empowerment Conference. It references historical anniversaries (1956 Women’s March, 1976 student uprising, 30 years of democracy) and discusses gender and youth unemployment statistics, macroeconomic outlook, and South Africa’s policy pillars (macroeconomic stability, structural reforms, infrastructure investment, building state capacity). It includes projections from the Budget Speech and mentions the upcoming Medium-Term Budget Policy Statement date and current global and domestic economic context.
Facts
Reference
https://www.treasury.gov.za/comm_media/speeches/2026/2026061801%20Speech%20-%20Minister%20of%20Finance%20at%20Nedbank%20Top%20Empowerment%20Conference%20.pdf
Key Takeaways
- event: Nedbank Top Empowerment Conference
- speaker: Minister of Finance
- dates referenced: Second quarter 2025 unemployment data; Second quarter 2024 youth unemployment data; Education/anniversaries: 70th Women’s March 1956; 50th 1976 uprising; 30 years of democracy
- unemployment: women 35.9% vs men 31% (gap 4.9pp)
- unemployment: overall 2025 Q2 33.2%; youth unemployment 45.5% (2024 Q2)
- economic projections: 2026 growth 1.6%; 2027–2028 growth to 2.0% by 2028
- budget context: Medium-Term Budget Policy Statement due 21 October 2026
- macroeconomic pillars: macro stability, structural reforms, infrastructure investment, building state capacity
- outlook: S&P and Moody's positive change in outlook
Dates
Closing Date
21 October 2026