Former VBS CEO wants to challenge 'bank heist' report findings at ConCourt

2018-12-06 11:11

Former VBS CEO Andile Ramavhunga says he will launch a Constitutional Court bid challenging the Financial Sector Regulation Act which Advocate Terry Motau relied on in his report on the failure of the mutual bank.

Treasury pledges reforms as S&P maintains non-investment grade rating

2018-11-24 11:45

In the statement National Treasury said the S&P decision gave South Africa an opportunity to "demonstrate further concrete implementation of measures that are aimed at turning around the growth trajectory".

Malusi Gigaba named in bombshell Treasury report on rot at Eskom, Transnet

2018-11-16 10:37

National Treasury has released a bombshell report of more than 600 pages detailing the extent of rot at Transnet and Eskom over the last six years – and says Malusi Gigaba compromised the procurement process of controversial new Chinese locomotives.

Mogajane met with boss of VBS shareholder, Sunday Times reports

2018-10-28 14:32

National Treasury director general Dondo Mogajane was invited to the private home of Vele Investments executive chair Tshifhiwa Motodzi before the collapse of VBS Mutual Bank, Sunday Times reported on Sunday.

Mboweni says Ramaphosa insisted he become finance minister

2018-10-19 16:32

SA's new Finance Minister Tito Mboweni said he told President Cyril Ramaphosa that he had no desire for the job. But that the president would not have a word of it.

Treasury seeking condonement for R769m irregular spend caused by 'lost memo'

2018-10-16 13:46

National Treasury will seek a condonement in the 2018/19 financial year over the misplacement of a memo which caused the department to incur irregular expenditure amounting to R768.9m, according to Auditor General Kimi Makwetu.

Nene rand rollercoaster: Who could have benefited?

2018-10-16 06:45

Founder and director of investment website JustOneLap.com Simon Brown says while some could have had inside information about the finance minister’s fate, others worked through the logic of how the rand will react to uncertainty at Treasury.

PICS: Mboweni tells Treasury staff there's 'a lot of work' to be done

2018-10-11 15:01

New Finance Minister Tito Mboweni addressed staff at National Treasury for the first time on Thursday.

Daniel Silke: Ramaphosa snatches victory from jaws of defeat

2018-10-10 10:25

Nhlanhla Nene's resignation injects an all-too-rare dose of liability and culpability into our political discourse and represents an important new flank for President Cyril Ramaphosa’s much-vaunted ‘new dawn’ of governance.

Business leaders hail Mboweni's appointment as 'among finest in recent memory'

2018-10-09 17:34

The South African Chamber of Commerce and Industry and other business leaders roundly praised President Cyril Ramaphosa's decision to appoint former SA Reserve bank governor Tito Mboweni as the country's new finance minister.

 

Netflix, Facebook, and Google will probably have a new tax to pay in SA – and that will hit consumers

2018-11-29 17:54

Regulations that will make online multinationals responsible for South African VAT are due to come into effect from April 1, 2019 – and price changes on their services seem inevitable.

Video
ANALYSIS: Gordhan challenges his detractors, says Treasury was a target for state capture

Watch as News24's Pieter du Toit and Jeanette Chabalala unpack Pravin Gordan's revelations at the state capture inquiry.

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BLF threatens bribery charges against Oppenheimers

2018-10-30 22:01

This announcement comes as Fireblade Aviation submitted evidence to Parliament’s portfolio committee on home affairs about the air traffic facility, which Gigaba has denied clearing.

Public service wage approach must be more creative, Mboweni says

2018-10-24 22:24

Minister of Finance Tito Mboweni’s remarks come at a time when government is grappling with unions over wage increases and fears of retrenchments in the public service.

Mboweni still to meet with Ramaphosa over PIC probe

2018-10-17 06:15

MPs asked the new finance minister when the probe into the state asset manager would begin and when the terms of reference of such an investigation would be made public.

Mboweni jokes with committee: 'Be nice to me and grant me my maiden years as finance minister'

2018-10-16 12:05

Newly appointed Finance Minister Tito Mboweni received a warm welcome by Parliament’s oversight committee on finance on Tuesday, and in a tongue-and-cheek moment asked for grace during his 'maiden years' in the position.

Mboweni to save bold moves for Feb budget - tax analysts

2018-10-12 06:46

New Finance Minister Tito Mboweni will likely stick to the script laid out by his predecessor, Nhlanhla Nene, when he delivers the mini budget later in October.

All the President's Men: SA's 7 finance ministers and where they are now

2018-10-10 20:51

With former SA Reserve Bank governor Tito Mboweni sworn in as finance minister, here are the seven ministers who have held the role since 1994.

JSE closes flat as Tito Mboweni is named new finance minister

2018-10-09 19:11

President Cyril Ramaphosa announced that Tito Mboweni would replace Nhlanhla Nene as finance minister towards the close of the local bourse.

Rand holds gains as Tito Mboweni announced as finance minister

2018-10-09 16:29

In a short address President Ramaphosa said it was is a measure of Nhlanhla Nene's character that he offered to resign although he had 'not been implicated in acts of wrongdoing'.

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