DA calls for suspension of SAA chair Myeni – actions grounding airline

2015-07-28 12:26

DA shadow minister of public enterprises Natasha Mazzone says SAA board chairperson and close Zuma ally Dudu Myeni is a cadre appointment with a political agenda.

SA must raise tax on rich to lift revenue - OECD

2015-07-17 13:22

SA should increase taxes on wealthier individuals to help boost revenue for the nation’s growing demands, says the Organisation for Economic Co-operation and Development.

Nene cautions on growing government debt

2015-06-17 14:23

SA's net debt as a percentage of GDP has grown from 21.8% at the start of the financial crisis in 2008/09 to 40.8% in 2014/15, Finance Minister Nhlanhla Nene says.

State asset sale for Eskom to wrap up this month: Nene

2015-06-04 19:21

Government expects to conclude the sale of state assets to raise R23bn for cash-strapped Eskom this month, says Finance Minister Nhlanhla Nene.

Vital for financial services to transform - Nene

2015-05-11 13:18

South Africa's financial services industry must transform in terms of who runs it, but also in what it does, according to Minister of Finance Nhlanhla Nene.

Comair to challenge SAA bailouts

2015-05-05 05:31

The North Gauteng High Court in Pretoria is set to hear Comair's challenge against the government's bailout of SA Airways.

No UIF cut for taxpayers yet, says Nene

2015-05-01 18:25

Finance Minister Nhlanhla Nene has withdrawn an UIF proposal for this year that would have put about R15bn back into the pockets of workers and employers.

Govt workers target Treasury for wage hike

2015-04-23 19:30

Thousands of government workers have marched to the National Treasury’s offices in Pretoria, to demand that it agree to their demands for 10% wage increases and improved benefits.

Nene: Public sector wage demands will cost R20bn

2015-04-17 13:44

Wage demands by public sector unions would cost the government an extra R20bn, says Finance Minister Nhlanhla Nene, as workers threaten mass protests.

Nene: Nuclear build a ‘substantial commitment’

2015-04-09 17:23

South Africa’s proposed nuclear build programme would be “a substantial commitment”, acknowledges Finance Minister Nhlanhla Nene.


Nene: SA must urgently solve energy crisis

2015-07-17 14:06

South Africa needs to urgently resolve its energy crisis to boost the struggling economy, says Finance Minister Nhlanhla Nene.

Eskom bailout going to 'black hole', Parly hears

2015-06-25 15:42

Two bills, which would enable a bailout of billions of rands for Eskom, have been passed by the National Assembly in the absence of the largest opposition parties.

Nene: Economic growth of 2% this year 'realistic'

2015-06-11 17:54

SA's 2015 economic growth forecast of 2% is "attainable and realistic" and would have been significantly higher if there were no electricity shortages, Finance Minister Nhlanhla Nene says.

Nene tables bills to help Eskom

2015-06-04 15:35

Finance Minster Nhlanhla Nene has tabled a bill which is set to approve a R23bn bailout to Eskom, and an amendment which will effectively write off a R60bn loan.

Comair's challenge to SAA bailouts continues

2015-05-06 05:31

Comair's challenge to the legality of government's bailouts of SA Airways will continue in the North Gauteng High Court in Pretoria.

Comair court challenge of SAA bailouts coming to a head

2015-05-04 13:33

Years after Comair first launched a legal challenge of the South African government's bailouts of state carrier SAA, the case is finally set to start.

Electricity the biggest economic challenge - Nene

2015-04-28 17:31

The lack of sufficient electricity is the most binding constraint to production and investment in South Africa, says Finance Minister Nhlanhla Nene.

Molefe: Eskom home loan book could raise R7bn

2015-04-22 13:30

Acting Eskom CEO Brian Molefe has given the first hint of which non-core assets the finance minister had in mind to be sold to raise funds for the power utility.

Eskom's R23bn fundraising plan questioned

2015-04-17 13:28

SA is yet to appoint banks to manage state asset sales needed to fund its power utility, bringing into question a statement that almost R23bn will be raised within a “couple of weeks”.

Power crisis cripples investment, risks rating

2015-04-08 13:27

The economy could have been 10% larger if power shortages had not stifled growth and investment, putting SA's debt at risk of being cut to junk, estimates show.

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