Eskom announcement positive, says Moody's

2014-09-16 18:38

The government's funding package for Eskom is positive but lacks details on how the power utility's financial profile could be improved, says ratings agency Moody's.

Cabinet approves Eskom funding package

2014-09-14 19:17

Cabinet has approved a package to close the funding gap at Eskom, the National Treasury says.

Minister becomes victim of Facebook ID theft

2014-09-02 16:40

Another minister - the third in the space of two months - has been the victim of stolen identity after a Facebook profile purporting to be his, was created.

Treasury warns of fake Nene

2014-08-22 14:06

Treasury has warned the public of fake social media accounts purporting to be Finance Minister Nhlanhla Nene - and the people behind them want your money.

Jonas: SA needs formidable farming sector

2014-08-18 15:17

Growth in the agricultural sector must become more formidable and contribute to the country's gross domestic product, says Deputy Finance Minister Mcebisi Jonas.

Nene: Abil shows tightened financial control

2014-08-11 12:30

African Bank being placed under curatorship is an example of how the Treasury has strengthened its financial sector oversight, says Finance Minister Nhlanhla Nene.

Nene: No system could stop African Bank failure

2014-08-11 10:48

No financial sector regulatory regime can prevent failure of financial institutions, says Minister of Finance Nhlanhla Nene about Sarb's decision on Abil.

Nene: Nigeria's success a warning to SA

2014-08-01 16:33

The success of Nigeria and other African countries should serve as a warning to South Africa, says Finance Minister Nhlanhla Nene.

Nene: No China dominance

2014-07-18 05:00

China will not dominate the new Brics bank just because its headquarters are in Shanghai, says Finance Minister Nhlanhla Nene.

SA to meet revenue targets despite strike

2014-07-02 13:49

Finance Minister Nhlanhla Nene says the government expects to meet its revenue collection targets, despite the five-month platinum strike.

Sars to focus on certain areas this tax season

2014-07-01 21:05

Acting Sars commissioner Ivan Pillay warns that extra attention will be paid to certain parts of the tax filing process this year.

Nene places greater value on economists

2014-07-01 12:22

Finance Minister Nhlanhla Nene says economic forecasters should play a vital role in SA's budget process to assist in creating a better environment for growth.

Nene: Business, govt must work together

2014-06-24 19:40

The private sector and government must work together to stimulate the economy, which needed to be more competitive, says Finance Minister Nhlanhla Nene.

Mantashe: ANC will move SA forward faster

2014-06-09 05:00

The ANC will work with all sectors of society to boost the economy, which includes the implementation of an energy master plan, says secretary general Gwede Mantashe.

No new pay offer from platinum mines

2014-06-02 19:56

Platinum firms have not revised their wage offer to protesting miners as a government team tries to bring an end to a crippling five-month strike.

Nene: Govt taking initiative to end strike

2014-05-29 16:10

The government is doing everything in its power to end a crippling platinum sector strike now in its eighteenth week, says new Finance Minister Nhlanhla Nene.

Nene has much to mull over - expert

2014-05-27 19:42

Finance Minister Nhlanhla Nene has his work cut out for him following the latest economic growth data, says Old Mutual Wealth chief investment strategist Dave Mohr.

Govt: Don't be tricked by fake social media accounts

2014-05-27 05:00

People following developments in government via social media should do so through authentic accounts linked to departments' websites, an official says.

Why Gordhan was moved sideways

2014-05-26 14:23

News24 takes a look at the story behind Zuma's surprise decision to move Pravin Gordhan from his finance post.

Gordhan's shock move sends signal on policy

2014-05-26 05:00

Nomura's emerging markets economist Peter Attard Montalto describes Pravin Gordhan's new portfolio as "a tiny ministry with little power".

Nene's appointment won't spook investors

2014-05-25 21:35

Investors will be reassured that not much is likely to change under new finance minister Nhlanhla Nene in terms of policy, say analysts.

Nene takes over from Gordhan

2014-05-25 19:18

Nhlanhla Nene, the former deputy finance minister, has been promoted to replace Pravin Gordhan.

Nene: Black professionals charge too much

2014-02-27 16:10

Black professionals must stop charging municipalities such exorbitant prices for their services, according to Deputy Finance Minister Nhlanhla Nene.


DA wants answers on Eskom bailout

2014-09-15 15:43

The DA has demanded answers from the government on what its bailout plan for the embattled state electricity utility Eskom will entail.

Nene quashes fears of pension nationalisation

2014-09-05 07:00

Finance Minister Nhlanhla Nene has moved to scotch rumours that the government plans to nationalise pension funds, adding that workers' retirement savings are safe.

Slow uptake of R1.2bn training layoff scheme

2014-08-26 05:00

Labour Minister Mildred Oliphant says less than 2% of the training layoff scheme's R1.2bn budget to cushion workers against the threat of retrenchment has been spent.

No need for pension fears - govt

2014-08-21 18:42

The government has given assurances that proposed pension reforms will not see the state nationalise pension funds or prevent withdrawals when workers change jobs.

Nene: Govt serious about jobless youth

2014-08-15 18:44

Finance Minister Nhlanhla Nene says the government is committed to dealing with unemployment after treasury announced changes for the R9bn Jobs Fund.

Govt wants to help SA firms expand in Africa

2014-08-11 11:43

The SA government is committed to supporting the expansion of SA firms into the rest of Africa, according to Minister of Finance Nhlanhla Nene.

Nene: Bank sector healthy, no sign of Abil impact

2014-08-07 12:45

Finance Minister Nhlanhla Nene says the banking sector remains robust and there is no indication that any other institution has been affected by African Bank Investments.

Five Limpopo departments returned

2014-07-28 16:31

Five Limpopo departments placed under administration three years ago have been returned to the provincial administration, Finance Minister Nhlanhla Nene says.

Nene: Govt could struggle to reduce shortfall

2014-07-21 13:01

If economic growth remains weak, the government will struggle to achieve its target of cutting the budget deficit, warns Finance Minister Nhlanhla Nene.

Economy at the abyss

2014-07-04 07:23

It's time for government to take the downgrade threat seriously, says Mzwandile Jacks.

Treasury flags govt wage bill as a risk

2014-07-02 12:47

The government's wage bill and ongoing economic uncertainty present risks to financial sustainability, warns the Treasury.

Sars wants to collect R1trn this tax season

2014-07-01 13:06

The SA Revenue Service intends collecting nearly R1trn during the 2014/15 tax season, which has kicked off.

SA budget under pressure, warns Nene

2014-07-01 10:49

Finance Minister Nhlanhla Nene says the country's fiscal position is under strain because of a weakening economic outlook, but still sees an increase in expenditure.

Nene: Recession unlikely

2014-06-25 15:54

The economy is unlikely to go into recession, even after a contraction in the first quarter, says Finance Minister Nhlanhla Nene.

SA, US sign deal to curb tax evasion

2014-06-10 05:00

South Africa and the US has agreed to put into effect the Foreign Account Tax Compliance Act to promote transparency between the two nations on tax matters.

More bad news for SA economy

2014-06-03 05:00

The decline in vehicle sales by 9.2% is another sign that the economy is losing momentum, warns the National Association of Automobile Manufacturers of SA.

Nene: SA not headed for recession

2014-06-01 12:56

South Africa's economy is not heading into recession, despite contracting in the first quarter, says new Finance Minister Nhlanhla Nene.

Government taking initiative to end strike

2014-05-29 13:29

The government is taking the initiative to end a crippling platinum sector strike now in its eighteenth week, says new Finance Minister Nhlanhla Nene.

Numsa warns of fake Twitter account

2014-05-27 16:56

Numsa has warned of a fake account on social networking site Twitter, which claimed to belong to its general secretary Irvin Jim.

JSE makes mild gains as ministers sworn in

2014-05-26 18:34

Markets have taken the appointment of President Jacob Zuma's new cabinet in stride, with the new Finance Minister Nhlanhla Nene seen as a safe pair of hands.

Nene Twitter account is fake, warns department

2014-05-26 10:03

The National Treasury has warned of a fake Twitter account claiming to be that of newly appointed Finance Minister Nhlanhla Nene.

Nene takes over from Gordhan

2014-05-25 21:37

Nhlanhla Nene, the former deputy finance minister, has been promoted to replace Pravin Gordhan.

Few surprises in Zuma's new Cabinet

2014-05-25 20:25

There have been few surprises in the Cabinet announced by President Jacob Zuma, with 14 ministers retained in their old portfolios.

Zuma set to announce cabinet

2014-05-25 07:59

President Jacob Zuma is set to announce his cabinet this morning and is reportedly planning a major shakeup of his security cluster.

Who will follow Pravin?

2014-02-24 10:15

Gerrit van Rooyen of City Press looks at possible successors to Pravin Gordhan.

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