Treasury crunching numbers in case zero VAT list widens revenue gap

2018-08-17 06:45

If there is a revenue gap caused by additional zero-rated VAT items, then Treasury will either have to adjust expenditure, or raise taxes in the mid-term budget, Parliament has heard.

World Bank: Contributory pension fund could help SA's poor

2018-08-14 19:17

The World Bank has proposed a contributory pension fund, as a way to redistribute wealth and help SA's poor acquire financial assets.

Will new legislation punish away racism, sexism and intolerance?

2018-06-14 15:45

The Hate Speech Bill will not create the conditions for lasting social change. It is when all South Africans are assured that they belong, that their aspirations will be met, writes Zohra Dawood.

Pravin Gordhan promises strict conditions for SOE guarantees

2018-06-08 21:03

Public Enterprises Minister Pravin Gordhan has told Parliament his department will apply strict conditions when approving guarantees for the state-owned enterprises in its care.

Floyd Shivambu demands apology, says he didn't bring up Momoniat's race

2018-06-07 15:25

The EFF deputy president has demanded an apology from the chair of the Standing Committee of Finance, Yunus Carrim.

Parliamentary committee slams Shivambu for ‘crude attack’ on Treasury’s Momoniat

2018-06-06 16:03

Parliament's Standing Committee on Finance has criticised committee member and EFF MP Floyd Shivambu for accusing a top Treasury official of being ‘non-African’.

SARS to reestablish teams to probe illicit tobacco trade

2018-05-24 07:52

The tax agency is in the process of reestablishing dedicated investigative teams to probe the illicit tobacco trade, SARS acting head Mark Kingon has told Parliament.

Treasury gives glimpse into what to expect in SARS inquiry

2018-05-23 12:47

The parameters of a commission of inquiry into tax agency SARS, mentioned by President Cyril Ramaphosa during his State of the Nation Address, are expected to be announced later in the week.

Public sector talks: Another deadlock looming?

2018-05-18 16:34

Cosatu unions have been accused of being in bed with "the employer" – government – and have threatened to exclude the PSA from further negotiations.

How Busisiwe Mkhwebane is hollowing out her office's moral authority

2018-04-19 12:35

From the beginning, Busisiwe Mkhwebane had the wrong priorities. Without showing she had an interest in what she was employed to do she asked the police to investigate Thuli Madonsela, writes Mpumelelo Mkhabela.


Finance Minister will amend SARS Act once Nugent inquiry wraps up

2018-08-16 16:03

Amendments to the SARS Act will be delayed until next year, pending the outcomes of the Nugent Commission of Inquiry.

July mining summit will help sharpen Mining Charter, Minister says

2018-06-17 13:05

Minister of Mineral Resources Gwede Mantashe said in Sunday that the department’s summit in July will discuss the Mining Charter with industry and social partners.

Mining Charter 'secondary legislation' on its way, Parliament hears

2018-06-12 19:08

The Department of Mineral Resources told Parliament that it had reached consensus that the soon coming Mining Charter would serve as “secondary legislation”.

Word for word: Read what Shivambu said about Momoniat on Tuesday

2018-06-07 18:20

Read a play by play transcript of the contentious committee meeting where EFF chief whip Floyd Shivambu questioned the presence of National Treasury deputy director general Ismail Momoniat.

OUTA launches parliamentary office, welcomes former ANC MP

2018-06-06 20:10

The Organisation Undoing Tax Abuse hopes to build strong ties with the office of the Auditor General and National Treasury through its new parliamentary office.

Shivambu's onslaught on Momoniat continues online

2018-06-05 21:54

EFF chief whip Floyd Shivambu’s campaign to cast a senior National Treasury official as a big capital bogeyman did not let up, even after a dramatic committee meeting in Parliament.

Ramaphosa names retired Judge Robert Nugent to head SARS inquiry

2018-05-23 15:04

President Cyril Ramaphosa has announced that retired Supreme Court of Appeal Judge Robert Nugent will chair a commission of inquiry into the country's tax administration.

Treasury's Momoniat slams SARS for not providing info in Makwakwa probe

2018-05-23 12:13

A report by PWC indicates that the tax agency did not provide adequate information to investigators during a probe of former official Jonas Makwakwa, a top Treasury official has told Parliament.

Legal tobacco industry could disappear in two years, Parliament hears

2018-05-02 13:22

SARS has the mandate to clamp down on illicit trade of tobacco products, but if it fails the legal industry will be gone in two years' time, says an industry body.

Parliament calls for public submissions on land expropriation without compensation

2018-04-14 17:18

A committee has called for written public submissions on the 'necessity of and mechanisms for' expropriating land without compensation.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.