Panel of experts to review list of zero-rated VAT items

2018-04-25 11:44

The finance minister has appointed an independent panel of experts to review the list of VAT zero-rated items and related matters by June 30.

SA cities cannot be allowed to fail - Nene

2018-04-10 07:17

Finance Minister Nhlanhla Nene has warned that some South African cities are on the brink of collapse.

SARS hoping for higher growth to boost collections

2018-04-08 06:00

Service is in talks with the justice cluster regarding improved tax-related enforcement.

Revenue sharing model of regional customs union to be reviewed soon

2018-04-06 20:51

Negotiations on the review of the 2002 Southern African Customs Union (SACU) revenue sharing model are set to take place later this month.

SARS undershoots revenue target by R0.7bn

2018-04-03 13:01

The taxman collected R1.216trn in revenue for the 2017/18 financial year - R0.7bn or 0.06% lower than National Treasury's revenue target of R1.217trn.

Rate decision hinges on Ramaphosa Presidency, tax hikes, inflation - PwC

2018-03-21 07:30

Economic analysis by PricewaterhouseCoopers indicates five factors that will determine which way the rate decision could go.

Nene, Kganyago at G20 after investor roadshow

2018-03-19 17:14

The finance minister's attendance at the summit comes at the tail end of an international roadshow, where Treasury, SA business and labour groups talked up SA Inc to investors.

Fight corruption, sort out SOEs, investors tell Nene's delegation

2018-03-14 05:45

Fighting corruption and addressing inefficiencies at SOEs were emphasised by investors and ratings agencies meeting with a high-level SA delegation in London, says BUSA.

SA to raise GDP growth forecasts in October - Nene

2018-03-06 07:20

National Treasury will probably raise projections for economic growth this year in its mini-budget as it overcomes governance and financial problems that have lowered confidence, says Finance Minister Nhlanhla Nene.

Gordhan, Jonas said to be part of Ramaphosa's new Cabinet plan

2018-02-20 13:45

Former ministers banished to the political wilderness under Jacob Zuma’s presidency are set to make a comeback as President Cyril Ramaphosa prepares to revive the stagnant economy.


SARS, NPA to go after taxpayers with outstanding returns

2018-04-16 15:42

SARS has embarked on a new initiative with the National Prosecuting Authority to prosecute non-compliant taxpayers who have failed to submit returns.

Some SA cities are 'on brink of collapse' - Nene

2018-04-09 11:18

Some municipalities need to be pulled back from the brink of financial ruin, the finance minister has told city managers at a seminar in Johannesburg.

A difference of style

2018-04-08 06:00

The release of the preliminary tax revenue for 2017/18 in Pretoria on Tuesday couldn’t have been more different to what it was last year, under former finance minister Malusi Gigaba and now-suspended SA Revenue Service (Sars) commissioner Tom Moyane.

Ramaphosa dealing with Moyane suspension: Nene

2018-04-03 15:19

The finance minister says President Cyril Ramaphosa is dealing with the suspension of former SARS boss Tom Moyane, who left the agency under a cloud last month.

SA can't be complacent after Moody's rating - Nene

2018-03-27 09:22

South Africa can’t be complacent after Moody’s Investors Services affirmed credit ratings at investment grade, says Finance Minister Nhlanhla Nene.

SA Revenue Service boss Tom Moyane suspended

2018-03-20 01:15

In a late-night statement the Presidency announced that the tax agency's head had been suspended with 'immediate effect' pending the institution of disciplinary proceedings.

Rand firm as market focus turns to Moody's ratings decision

2018-03-14 12:22

The rand firmed against the dollar in early trade, as the SA market started to shift its focus to whether Moody's would downgrade SA's sovereign credit rating to junk later in the month.

Nhlanhla Nene personally stepped in to stop the ANC from debating Reserve Bank nationalisation in Parliament – to the party's considerable embarrassment

2018-03-11 10:06

The ANC's pull-back in Parliament was because the finance minister stepped in personally, the Sunday Times reports.

Banking association commends Ramaphosa on Nene appointment

2018-02-27 12:56

Banking Association of South Africa managing director Cas Coovadia says ethical leadership in National Treasury is a vital critical anchor point for the economy to grow.

SA business confidence highest since Nene axed

2018-02-06 13:24

SA's business confidence has risen to the highest level since October 2015 on the expectation of a new era of pragmatic leadership.

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