'There are definitely conditions' in SAA bailout - treasury

2017-10-15 06:00

The R5.2bn in bailouts transferred to SAA so far this year comes with conditions, despite perceptions that the funds were handed to the bankrupt airline with no strings attached.

Gigaba PIC actions questioned

2017-10-06 16:48

Finance Minister Malusi Gigaba's claims of taking "bold action" at the Public Investment Corporation is nothing more than his "spin machine" in action, says the DA.

Vodacom surprised at Competition Commission investigation

2017-10-04 16:04

Vodacom said it was aware of the investigation and was "committed to fully cooperating with the commission".

SARS will act on forensic report when time is right

2017-09-27 07:28

Grant Thornton has confirmed to Fin24 that it was appointed to conduct a forensic investigation at SARS and that this mandate has been completed.

Unions vow to protect workers' pensions as Gigaba meets PIC board

2017-09-26 14:00

The labour movement says it will keep an eagle eye on Finance Minister Malusi Gigaba's meeting with the Public Investment Corporation board to to safeguard workers' pension funds.

Treasury said to ask PIC for R100bn for state-owned enterprises

2017-09-22 19:47

National Treasury is pressuring the Public Investment Corporation to provide as much as R100bn to fund struggling state-owned enterprises, according to two people with knowledge of the situation.

Jeff Radebe tells Treasury what is required for NDP

2017-09-07 16:28

Minister in Presidency Jeff Radebe has announced a mandate paper 'to guide budget allocations in line with the National Development Plan.

Gigaba directs Treasury to conduct forensic probe into Tegeta report

2017-08-04 15:59

Finance Minister Malusi Gigaba has directed National Treasury to undertake a forensic investigation into the Tegeta report.

SAA misled Parliament about liquidity problems - DA

2017-07-25 14:34

It seems SAA did not play open cards with Parliament about the full extent of its financial crisis, judging from a reply to a parliamentary question by Finance Minister Malusi Gigaba.

Capturing Treasury: OUTA connects the dots

2017-06-28 21:00

Civil rights body OUTA has set out in a document past attempts by National Treasury to prevent public resources from being plundered for the benefit of Gupta-linked companies.


More moves to hobble Treasury

2017-10-08 05:47

The unit that decides on requests to deviate from tender processes, saving government billions of rands, could have its powers curtailed.

Gigaba takes action to prevent politicising of PIC

2017-10-06 12:10

Minister of Finance Malusi Gigaba is concerned about what he calls the politicising of the Public Investment Corporation and is taking steps to prevent this.

Senior officials say Treasury is captured

2017-10-01 06:00

Staff purges, claims of a parallel administration and reckless projects have followed the new finance minister.

Gigaba and Matjila promise PIC funds are safe

2017-09-26 22:00

Finance minister Malusi Gigaba says reports that Treasury wants to use funds of the Public Investment Corporation to bail out state-owned companies are untrue.

Gigaba slams R100bn PIC bailout reports as untrue, malicious

2017-09-25 10:12

Finance Minister Malusi Gigaba says reports that Treasury wants to use R100bn of funds in the Public Investment Corporation to bail out failing parastatals are "malicious and unconstructive".

$2.5bn placement of new notes shows intl investor confidence in SA - Treasury

2017-09-21 06:00

SA's successful placement of $2.5bn (R33bn) in new notes in international capital markets reflects investor confidence in the country, says National Treasury.

Gordhan to speak out over Treasury IT mismanagement claims

2017-08-30 21:24

Claims of financial mismanagement of government's Integrated Financial Management System is part of a well-orchestrated campaign by the "Gupta syndicate", according to former finance minister Pravin Gordhan.

Jonas, Gordhan question intent of state bank

2017-07-27 11:33

The structure of capital in the country has changed significantly and calls for a state bank are just a guise for an alternative objective, says former deputy finance minister Mcebisi Jonas.

Double tax may be on cards for South Africans who work overseas

2017-07-20 13:24

If planned new legislation goes through Parliament, South Africans who work overseas could be taxed by SARS for foreign earnings from March 1 2019.

Treasury DG wants to prevent SA from going to IMF 'cap in hand'

2017-06-25 14:02

New Treasury director general Dondo Mogajane says it is focused on reforms that will get the economy out of a recession and improve credit ratings.

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