SARB, Treasury caught on late to illegal VBS deposits - Nene

2018-11-02 19:59

National Treasury and the Reserve Bank only realised in 2017 that the municipal deposits into VBS Mutual Bank were illegal, former finance minister Nhlanhla Nene has said.

Nene's resignation offers an opportunity for South Africans

2018-10-11 10:53

The commission offers all South Africans the opportunity to reset our national priorities and to develop a resolution about required character of citizenship and political leadership, writes Mpumelelo Mkhabela.

Daniel Silke: Ramaphosa snatches victory from jaws of defeat

2018-10-10 10:25

Nhlanhla Nene's resignation injects an all-too-rare dose of liability and culpability into our political discourse and represents an important new flank for President Cyril Ramaphosa’s much-vaunted ‘new dawn’ of governance.

Mboweni takes on new role at critical time for economy - Ramaphosa

2018-10-09 16:06

President Cyril Ramaphosa has announced that former central bank governor, Tito Mboweni will replace Finance Minister Nhlanhla Nene.

Jonas said to decline Finance Minister post

2018-10-09 13:02

Mcebisi Jonas has declined an offer from President Cyril Ramaphosa to replace current finance minister Nhlanhla Nene, according to three people familiar with the matter.

Pleasing Putin: Nene's revelations show how corrupted Zuma's government was

2018-10-03 18:03

Nene's account of how Zuma attempted to force the nuclear deal during a meeting at a Brics summit in Russia was every bit as riveting as any scene in Woodward's book, writes Pieter du Toit.

#StateCaptureInquiry: Nene to take the stand

2018-10-03 05:18

Finance Minister Nhlanhla Nene is expected to reveal how he was "pressured" by former president Jacob Zuma to approve a nuclear deal when he testifies before the judicial commission of inquiry into allegations of state capture.

Details of stimulus package on the way - Mokonyane

2018-09-06 11:19

Communications Minister Nomvula Mokonyane told reporters Cabinet’s interventions aimed at clawing SA out of its latest recession would take shape after its upcoming investment and job summits.

PIC CEO will know his fate by end of the week, says Nene

2018-07-23 15:38

Public Investment Corporation CEO Dan Matjila will know his fate by the end of the week, when Finance Minister Nhlanhla Nene concludes a review of allegations against him.

Finance Minister re-appoints Kingon as SARS commissioner for 90 more days

2018-06-17 15:02

South African Revenue Service acting commissioner Mark Kingon’s time at the helm has been extended by another three months, thanks to Minister of Finance Nhlanhla Nene.

 

'I was there when Cabinet approved nuclear programme' - Ramaphosa

2018-10-30 12:40

President Cyril Ramaphosa says he was in the Cabinet meeting where the decision was taken to issue a request for proposals for the nuclear build programme in 2015.

Distrust and recession: Can Mboweni level the playing field?

2018-10-11 08:01

Revelations made against Nhlanhla Nene robbed him of the one essential commodity he needed to execute his functions as Minister of Finance: trust, writes Hlumelo Biko.

Limited room to manoeuvre as Mboweni faces mammoth task to revive SA economy

2018-10-10 05:45

With government debt at dangerously high levels and SA at risk of losing its sole remaining investment-grade credit rating, new finance chief Tito Mboweni will have little option but to stick to Treasury’s expenditure ceilings and deficit-reduction targets.

DEVELOPING: Ramaphosa to announce Nene's fate at 16:30

2018-10-09 13:24

President Cyril Ramaphosa is expected to make an announcement on Finance Minister Nhlanhla Nene’s fate at 16.30, says his spokesperson.

Nuclear power still viable for SA's energy mix - industry

2018-10-07 08:14

South Africa’s nuclear industry will ask government to bring back the 9.6GW of nuclear energy into the country’s energy mix.

#StateCaptureInquiry: Nene says he was axed in 2015 because he was not willing to 'toe the line'

2018-10-03 14:48

Finance Minister Nhlanhla Nene has told the state capture commission of inquiry that he believes he was axed in 2015 because he was not "willing to toe the line" when it came to certain projects.

Private security coins it off government - Nene

2018-09-17 22:44

Minister of Finance Nhlanhla Nene says the amount of money spent on private security services by national and provincial government and state-owned entities ballooned to R7.6bn in 2017-18.

DA welcomes PIC probe, pushes for speedy PIC law amendments

2018-07-25 19:19

The Democratic Alliance has welcomed the decision to institute an independent inquiry into the Public Investment Corporation.

Nene opposes bid to force him to suspend PIC CEO Matjila

2018-07-17 15:35

The finance minister is opposing the UDM's demand to immediately suspend the head of SA’s biggest money manager, as his department is already probing allegations of governance breaches at the PIC.

SA's first-quarter GDP takes a knock, shrinks by 2.2%

2018-06-05 11:46

The 2.2% fall, the largest quarter-on-quarter decline since 2009, caused the rand to lose 0.7% against the dollar.

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