South Africa's government debt will peak this fiscal year, ending 17 years of steady increases, Finance Minister Enoch Godongwana said in his annual budget speech. Debt is projected to reach 78.9% of gross domestic product in the fiscal year ending in March before easing to 77.3% in 2026-27. Godongwana said this marks a turning point in public finance management, with debt expected to decline in the coming years. [...]