It should be frowned upon for a minister or proxy to call a CEO of a state entity enquiring about opportunities for comrades, writes Mpumelelo Mkhabela.
More sun than clouds. Cool.
Money Smart Week SA, a financial literacy campaign aimed at motivating and empowering South Africans to become more educated about their finances, is taking place from March 23 to 28, 2020.
While the finance minister announced plans to draw a hardline against bailouts for state-owned enterprises in his national budget speech in February – efforts to contain the state's growing debt came to naught by the time October arrived.
In its 2019 election manifesto the ANC said it would investigate the prescribed assets.
The SABC will receive R2.1bn from Treasury on Monday October 7, 2019.
Deputy President David Mabuza has called on members of the National Council of Provinces to tell residents to pay for service delivery in order to improve rising debt levels in municipalities.
Spending by government departments has been a mixed bag of overspending and underspending, which Treasury has attributed to poor planning by departments.
The new interim chairperson of the state asset manager boasts a long track record in the private and public sectors, including stints as the chairperson of the Nedbank Group and Eskom.
An emergency R17.652bn authorised by the finance minister to Eskom, is not new money or separate from the R23bn government allocated to the power utility in the National Budget, says Treasury Director General Dondo Mogajane.
The announcement of Eskom's Chief Reorganisation Officer is imminent, and Treasury expects there to be sweeping changes to save the ailing power utility.
National Treasury has said government is focussing on regaining the country's investment grade status, after S&P kept the country's sovereign credit rating unchanged at below investment grade.
Finance Minister Tito Mboweni's apprent view that a Treasury document on economic policy is already "a government document" seems to be at odds with the official view.
The SA government notes ratings agency Fitch's decision to affirm the country's long-term foreign and local currency debt ratings at 'BB+' and maintaining a negative outlook.
A wage freeze at all levels of the state should be considered, says David Masondo.
The Democratic Alliance intends to lodge a complaint with the Public Protector to investigate a report that Deputy Finance Minister David Masondo misused state resources in settling a personal matter.
In an opinion piece, Telkom Group CEO Sipho Maseko has slammed Treasury's proposed reforms in the ICT sector, particularly the roll-out of spectrum, as being 'ill-thought-out'.
Finance Minister Tito Mboweni has instructed the new PIC interim board to focus on corporate governance, while he focuses on politics.
Treasury's Director General Dondo Mogane says that government is not simply bailing out state entities without proper consideration.
National Treasury has reissued a statement on the PIC board appointments, as the previous statement had erroneously left out the name of one of the board members.
Raising revenue collection and turning around the revenue service are just some of the tasks new SARS Commissioner Edward Kieswetter will have to tackle when he takes over on May 1.
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