ARTICLES RELATING TO NATIONAL TREASURY

New bill to help municipalities charge owners developing property

2020-01-08 20:07

National Treasury has released a new draft law that will standardise the fees municipalities charge for new property developments.

We don’t need to wait for NHI to improve healthcare - Mboweni

2019-11-28 05:00

Minister of Finance Tito Mboweni told the National Council of Provinces he did not believe that National Health Insurance should be considered as the only panacea to the challenges dogging the public healthcare system.

Budget: SARS gets R1bn to help with tax collection

2019-10-30 14:12

Persistent weak economic growth is widening from the rosier estimates projected in the 2019 Budget over the next three years.

Treasury entities' irregular spend reaches R1bn

2019-10-08 22:15

The state entities which fall under National Treasury incurred a combined R1bn in irregular expenditure in the 2018-19 financial year - with the biggest contributors being SARS and Treasury itself.

Home Affairs says budget cuts may mean fewer staff, but offices won't close

2019-09-21 08:39

Minister of Home Affairs Aaron Motsoaledi has confirmed his department is facing compulsory budget cuts.

Eskom could sell some coal-powered plants to raise R450bn

2019-08-27 20:52

South Africa could dispose of some of Eskom's coal-fired plants and allow households to sell electricity back into the grid as part of a restructuring of the state-owned power utility, according to Treasury's latest policy paper.

Fed move could bring emerging markets tailspin – analyst

2019-07-26 22:00

Peregrine Treasury Solutions partner Bianca Botes wrote that a negative spike was further compounded by Fitch's announcement shortly after close of trade on Friday that it had revised the outlook on South Africa's sovereign debt downwards from stable to negative.

7 municipal spending sins that Treasury hopes to curb

2019-06-12 12:03

From flashy cars to expensive consultants to splashing out on expensive overnight accommodation, Finance Minister Tito Mboweni has unpacked National Treasury's latest local government expenditure guidelines that aims to curb municipal spending.

SAA accepts Jarana's resignation

2019-06-02 20:11

Jarana tendered his resignation to SAA board chairperson JB Magwaza in a letter dated May 29, 2019, citing uncertainty about funding, as well as bureaucracy delaying decision making needed to turnaround the struggling airline, as reasons for his resignation.

Eskom bailout risks Moody's rating, Reserve Bank says

2019-05-30 06:01

Bailouts for South Africa’s state-owned companies such as Eskom Holdings will weaken the nation’s fiscal position and put its last investment-grade credit rating at risk, the Reserve Bank said.

 

SA can't afford not to implement Mboweni's economic plan, warns deputy minister

2019-12-02 13:50

Government has to implement National Treasury's economic blueprint if SA is to attract domestic and foreign investment, deputy finance minister David Masondo has said.

Some municipalities struggling to deliver services after VBS losses, AG warns

2019-11-07 13:16

Fourteen municipalities that deposited R1.6bn in the ill-fated VBS Mutual Bank were unlikely to ever recover their money, the auditor general says.

Postbank journey to bank status at an advanced stage, says minister

2019-10-24 21:05

Minister of Communications Stella Ndabeni-Abrahams says responsibility and control of Postbank has been transferred to the Postbank Board and management in line with section 6 of the South African Postbank Limited Act.

Govt plans for Postbank are 'backward', belong in Thatcher era - union

2019-09-27 11:33

Communication Workers Union secretary general Aubrey Tshabalala says a proposal to realign Postbank’s shareholding to National Treasury was at odds with best practice globally.

Mboweni's new plan to boost growth and create a million jobs

2019-08-28 07:00

In a new policy paper Treasury says that SA's current economic path is unsustainable, with the country facing a triple threat of stagnating economic growth, rising unemployment and high inequality.

Mboweni releases economic blueprint, promises stronger growth if reforms are implemented

2019-08-27 19:23

'This paper is a detailed examination of the structural reforms that can reverse the downward trend in South Africa’s growth potential and competitiveness,' says National Treasury.

Workers finally represented on PIC board – unions

2019-07-11 20:53

Cosatu has welcomed the inclusion of labour representatives on the PIC interim board - a first in its 108-year existence.

Treasury head says SA has 'no choice' but to increase Eskom funding

2019-06-09 14:00

'That’s a decision that we’ll have to finalise, but we know we don’t have a choice,' Treasury Director General Dondo Mogajane said in an interview on the sidelines of a meeting of the Group of 20 finance ministers and central bank governors.

10 challenges that forced SAA CEO to throw in the towel

2019-06-02 10:06

Vuyani Jarana was appointed SAA CEO in November 2017, the first permanent CEO at the national carrier since 2015. Fin24 looks at why he has tendered his resignation. Here are 10 key quotes from his resignation letter.

'I'm sticking around' - Mboweni ends speculation of post-election exit

2019-02-20 20:18

Finance Minister Tito Mboweni has denied speculation that he is keeping the ministerial seat warm until after the polls.

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