Deputy finance minister warns of wage freeze, 'looming fiscal crisis'

2019-10-09 22:28

A wage freeze at all levels of the state should be considered, says David Masondo.

DA: We will take deputy finance minister extortion claims to the Public Protector

2019-09-16 14:52

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.

'Chaotic, incoherent': Telkom CEO slams Mboweni’s growth plan

2019-09-02 13:34

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'.

Eskom's Chief Reorganisation Officer must transform utility in 2 years, says Treasury

2019-08-05 21:29

The announcement of Eskom's Chief Reorganisation Officer is imminent, and Treasury expects there to be sweeping changes to save the ailing power utility.

New PIC board chairperson elected - and it's not Deputy Finance Minister

2019-07-25 13:23

Finance Minister Tito Mboweni has instructed the new PIC interim board to focus on corporate governance, while he focuses on politics.

Treasury: We are not being 'reckless' with bailouts

2019-07-24 14:31

Treasury's Director General Dondo Mogane says that government is not simply bailing out state entities without proper consideration.

UPDATE: Complete list of new PIC board

2019-07-11 16:39

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.

5 challenges Kieswetter faces as new SARS boss

2019-03-29 06:30

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.

Mboweni warns of elevating 'state ownership to a religion'

2019-03-25 08:40

The finance minister says a discussion must begin on whether the government needs to retain control of all the assets it owns given the poor state of the national finances.

Treasury: SARS is paying out more VAT refunds

2019-03-01 18:05

More people are filing VAT refund claims, which reflects that people believe they will get their refunds back.


SABC to receive R2.1bn lifeline from government

2019-10-04 09:11

The SABC will receive R2.1bn from Treasury on Monday October 7, 2019.

'The struggle is over.' Mabuza says apartheid-era culture of non-payment must end

2019-09-12 08:16

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.

Treasury laments 'poor planning' behind spending problems in govt departments

2019-08-27 16:33

Spending by government departments has been a mixed bag of overspending and underspending, which Treasury has attributed to poor planning by departments.

Veteran businessman Reuel Khoza takes the helm at PIC

2019-07-25 14:43

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.

EXPLAINER: Everything you need to know about government's Eskom bailouts

2019-07-25 06:00

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.

Eskom's Chief Reorganisation Officer must transform utility in 2 years, says Treasury

2019-07-24 13:05

The announcement of Eskom's Chief Reorganisation Officer is imminent, and Treasury expects there to be sweeping changes to save the ailing power utility.

S&P keeps SA's credit rating unchanged at below investment grade

2019-05-25 07:07

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.

How Kieswetter trumped 82 applicants for top SARS job

2019-03-28 19:45

SARS received 82 applications for the position of commissioner, a report from the selection panel reveals.

Mboweni files papers in Public Protector case

2019-03-04 21:14

Minister of Finance Tito Mboweni has filed papers seeking the review and setting aside of the Public Protector's findings against Treasury's DG Dondo Mogajane.

SA will run out of money by 2042 – economist

2019-02-27 15:41

If the fiscus continues on its current trajectory, the country will run out of money by 2042, members of Parliament have heard.

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