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.

Nene takes swipe at Maynier, says govt has been managing SA’s debt responsibly

2018-05-22 23:06

Contrary to claims made by DA MP David Maynier about the country’s rising debt levels, Finance Minister Nhlanhla Nene says that government has been managing the country’s debt responsibly.

Solidarity wants court to place SAA under business rescue

2018-04-08 15:00

The union says it will approach the courts 'in due course' to have the national carrier placed under business rescue, which must be wholly or partly privatised to remain in business.

Nothing pro-poor about unsustainable fiscal policy – Nene

2018-03-08 07:01

In his maiden address to Parliament as returning finance minister, Nhlanhla Nene said that hard adjustments were made in the budget to protect the integrity of SA's public finances.

Nene: It will take a great deal of work to stabilise SA's finances

2018-02-26 23:56

Nhlanhla Nene has, for the second time, been appointed South Africa's minister of finance, taking over from Malusi Gigaba who is heading back to his old post at home affairs.

As Nene awaits news on Eskom top job, DA vows Khoza won't go scot-free

2018-01-20 14:27

Former finance minister Nhlanhla Nene says the matter of whether he’ll be appointed as Eskom chair is “still under consideration” and he hopes for a conclusion before the end of the day.

Enemy of the People: 9/12, the day everything changed

2017-11-10 13:20

In the newly released book, Enemy of the People, former National Treasury director general Lungisa Fuzile has recalled the confusion, disruption and the poor taste in which Des van Rooyen and his advisers tried to capture South Africa’s fiscal purse.


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.

Nene appointed in the position Zuma used to oust him

2018-05-29 13:59

The finance minister will chair the board of governors of the New Development Bank for a year, until its next annual meeting set to take place in South Africa.

State looks at ways to ease municipalities' R138bn debt burden

2018-05-12 09:00

Municipalities are owed more than R138bn by government departments, businesses and households, Parliament has heard.

Nene woos overseas investors, just like Gordhan a year ago before recall

2018-03-13 15:41

Finance Minister Nhlanhla Nene is in London together with labour and business as part of a three-leg international roadshow to woo investors and ratings agencies.

Who's in and who's out: How Ramaphosa shook up SA's economic cluster

2018-02-27 05:30

Fin24 looks at how President Cyril Ramaphosa's late night reshuffle affected ministries in the economic cluster, including finance, public enterprises and energy.

Businessman Jabu Mabuza to chair Eskom, Koko and Singh to be removed immediately

2018-01-20 17:56

Telkom Chairperson Jabu Mabuza will chair Eskom’s board as part of a host of measures announced by government to “stabilise management” at the power utility.

Eskom chair quits 'in the interest of the country'

2018-01-20 11:40

Eskom chairperson Zethembe Khoza confirmed to Fin24 that he submitted his resignation to Minister of Public Enterprises Lynne Brown and he's waiting for her to accept it.

Zuma applauds Brics bank local currency loans

2017-08-17 21:26

President Jacob Zuma has lauded the Brics bank for making loans available in the currencies of member states as he declared the first African Regional Centre officially open for business.

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