If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. More sun than clouds. Mild.
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.
Minister of Home Affairs Aaron Motsoaledi has confirmed his department is facing compulsory budget cuts.
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.
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.
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.
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.
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.
National Treasury economist Catherine MacLeod has told the state capture inquiry that South Africans were worse off after Nhlanhla Nene's removal as finance minister.
'South Africa doesn’t have the money to provide that kind of assistance,' a spokesperson for National Treasury has said.
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.
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.
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.
'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.
Cosatu has welcomed the inclusion of labour representatives on the PIC interim board - a first in its 108-year existence.
'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.
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.
Finance Minister Tito Mboweni has denied speculation that he is keeping the ministerial seat warm until after the polls.
Minister of Finance Tito Mboweni is due to table his 2019 national budget in the National Assembly on Wednesday afternoon in the National Assembly.
Finance Minister Tito Mboweni says there have been questions in Cabinet about whether the country is pursuing the right path in its bid to grow the economy.
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.
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