ARTICLES RELATING TO TREASURY

Ramaphosa: Not yet time for austerity measures

2018-11-06 17:16

President Cyril Ramaphosa says that to stop debt from growing at an alarming rate, government will align spending with priority areas, as well as prioritise boosting economic growth.

We are not happy that VBS collapsed - Gungubele

2018-10-31 18:59

Following SARB's call for VBS Mutual Bank to be liquidated, Deputy Finance Minister Mondli Gungubele tells Parliament that government is open to changing legislation.

Solly Moeng: Brands in shining armour

2018-10-24 06:00

Solly Moeng takes a look at respected personalities brought in to clean up following political and corporate scandals. Can their personal brands inspire trust where organisations failed?

Nhlanhla Nene on Gupta meetings: 'I am human too, I do make mistakes'

2018-10-05 13:37

Finance Minister Nhlanhla Nene says he was wrong to have met the Guptas at their Saxonwold mansion in Johannesburg and he 'begs' South Africans' forgiveness.

Auditors' watchdog Irba gets teeth with new bill

2018-08-26 07:42

In a Financial Matters Amendment Bill released for comment on Friday, Treasury proposed several changes to the Auditing Profession Act, the law that created Irba.

Cosatu: Further VAT exemptions may not benefit the poor

2018-08-14 06:45

Even if government adds to the list of zero-rated VAT items, there is still the challenge of ensuring that benefits of the VAT exemption flow to the poor, Cosatu has said.

Eskom wage talks: Unions want meeting with Nene, Gordhan

2018-07-11 09:02

Unions representing workers at Eskom have requested to meet with the finance minister and minister of public enterprises as wage negotiations have reached a critical stage.

Treasury's VAT panel gets better chance to affect budget

2018-05-29 20:14

National Treasury has revised the terms of reference for its expert panel which is reviewing the list of zero-rated items to soften the effect of the VAT hike on poor and low-income households.

17 district municipalities in 'financial distress' - Treasury

2018-05-22 13:40

Treasury’s state of local government and financial management report for 2016/17 revealed that 17 district municipalities were identified as being in financial distress.

Municipal debt to Eskom worsens significantly, execs tell Parliament

2018-05-16 10:55

The outstanding debt municipalities owe Eskom has grown to R13.88bn, reflecting a worsening situation, Parliament has heard.

 

Nugent Commission will reveal if SARS misrepresented revenue collection - Treasury

2018-11-02 15:44

The outcomes of the Nugent Commission of inquiry due later this month will reveal if SARS had misrepresented revenue collections in previous years, members of Parliament heard.

It takes blood, sweat and tears to create jobs, says head of Jobs Fund

2018-10-24 06:15

South Africans must realise that in the current economic climate it takes blood, sweat and tears to create jobs says Najwah Allie-Edries head of National Treasury’s Jobs Fund.

Nene resignation won't compromise mini budget - economists

2018-10-08 16:02

If the finance minister were to be replaced, it would not compromise the mini-budget set to be delivered on October 24, economists have said.

Treasury allows cash-strapped SABC to borrow more

2018-09-04 20:44

Treasury has allowed the cash-strapped SABC to take on more debt to ease its financial woes, Communications Minister Nomvula Mokonyane has confirmed.

Sanral bears brunt of lack of government clarity on e-tolls

2018-08-21 12:08

Sanral has collected R5.6bn less in e-toll fees than budgeted mostly because there is no clarity from government about the future of the system, Parliament has heard.

Treasury: Economic growth will be done by the book

2018-08-13 22:20

National Treasury has hit back at critics of proposals for economic growth, including a sovereign wealth fund and economic stimulus plan.

UDM: Treasury must explain where government pension billions went

2018-07-05 17:55

UDM leader Bantu Holomisa has asked Finance Minister Nhlanhla Nene to explain an allegedly improper relationship between the Public Investment Corporation and companies linked to its former employees - involving over R8bn of state employees' retirement funds.

Throw the book at deviants, SCOPA tells Treasury

2018-05-25 09:22

Parliament's Standing Committee on Public Accounts has told National Treasury to deal with those who abuse their right to deviate from procurement guidelines – after hearing the biggest spenders procured R2.3bn in goods and services through deviations in less than a year.

Treasury vows to protect poorest from VAT rate hike, cites zero-rated items

2018-05-22 12:24

Minister of Finance Nhlanhla Nene says National Treasury will protect South Africa’s poorest citizens from the impact of the increase in the value added tax rate to 15%.

Mkhize slams municipal debt to Eskom as unacceptable

2018-05-16 10:05

In December, municipalities owed Eskom and water boards over R23bn. Scopa met Eskom, CoGTA, SALGA and National Treasury to discuss the problem.

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