Don’t just spend, fix productivity

2017-04-23 06:00

South Africa has had several blueprints for its development, going back to the Reconstruction and Development Programme and culminating in the current National Development Plan (NDP).

Taxpayers cough up R136m for suspended govt employees

2017-03-09 21:04

Based on reports received from provinces and national departments, taxpayers have coughed up R136.5m for precautionary suspended government employees.

Key risks facing South Africa’s fiscal consolidation

2017-02-23 07:22

Many of South Africa’s state-owned enterprises are still being poorly managed, said Finance Minister Pravin Gordhan in his 2017 Budget Review.

SAA merger still on the cards as consultants finalise review

2017-02-22 15:17

The merger of SAA with South African Express, and the introduction of a strategic equity partner are still being considered, National Treasury says in its 2017 Budget Review.

Money will be found for SAA and Post Office – Gordhan

2017-02-22 14:52

Finance Minister Pravin Gordhan says he can't say where for now, but money will be found to put South African Airways and Post Office on a sounder financial footing.

Game changer to prevent power cuts for defaulting municipalities

2017-02-22 14:23

Finance Minister Pravin Gordhan announced “game changers” in Treasury’s focus on municipalities that will help end the spate of power cuts inflicted on defaulting areas.

Eskom and Transnet need to borrow billions more

2017-02-22 14:19

Eskom and Transnet need to borrow billions more than anticipated in 2016, National Treasury has revealed in its 2017 Budget Review.

Opposition peeved about R2m for Free State SOPA

2017-02-21 12:21

Opposition parties in the Free State are peeved that the provincial government is spending R2m on the State of the Province Address (SOPA), while it is cutting down on jobs.

Reports on Chinese locomotives 'inaccurate and mischievous' - Transnet

2017-01-24 17:41

Reports on problems with Transnet's Chinese-manufactured locomotives are "inaccurate and mischievous", and are designed to "advance devious ideological schemes", the state-owned rail operator says.

Public Protector asked to probe distribution of Free State drought aid

2017-01-12 10:43

The DA has asked the Public Protector to investigate the distribution of drought aid in the Free State, following allegations of corruption.


Gigaba assures investors govt won't spend what it doesn't have

2017-04-13 12:49

Finance Minister Malusi Gigaba has reassured local investors that government won’t spend money it doesn’t have and that Treasury is committed to fiscal sustainability and consolidation.

China's finance minister indicates room for more govt debt

2017-03-07 09:16

China still has some flexibility to adjust the budget deficit ratio, says its Finance Minister Xiao Jie, signalling the government will increase government spending.

State workers could face voluntary severance packages

2017-02-23 06:42

Headcount in South Africa’s public service has stabilised but government is considering introducing voluntary severance packages to help keep a lid on its wage bill.

SAA set to receive another cash injection

2017-02-22 15:07

Loss-making national airline South African Airways will need to receive another cash injection, says Treasury.

IPPs could go out of business, Treasury warns Eskom

2017-02-22 14:23

Eskom’s delay in signing power purchase agreements with renewable energy independent power producers could result in manufacturers of going out of business.

Bad management, finances still plague SOEs

2017-02-22 14:19

Many of South Africa’s state-owned enterprises are still being poorly managed, says Finance Minister Pravin Gordhan in his 2017 Budget Review.

SAA to remain under intense government oversight – Gordhan

2017-02-22 14:15

SAA will remain under intense government oversight, Finance Minister Pravin Gordhan says in his report contained in National Treasury’s 2017 Budget Review.

SETA blew R42 000 for three-day BMW hire

2017-02-20 08:15

AgriSETA blew nearly R42 000 to rent a luxury vehicle for its acting chairperson for a road trip over a period of just three days.

EXCLUSIVE: Transnet's new Chinese locomotives 'fail first test'

2017-01-23 09:03

A Transnet contract worth almost R8bn for new Chinese-manufactured locomotives has hit a stumbling block as technical problems have plagued the first of the trains to be delivered.

Too humble to seek a private jet – North West premier

2016-12-09 11:41

North West Premier Supra Mahumapelo has painted himself as a humble man, saying he is considering taking legal action against those claiming he wants to use taxpayers' money to buy a private jet.

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