Treasury: We have not introduced austerity measures

2019-03-01 16:49

While the fastest-growing area of spending is debt servicing costs, spend on community development, learning culture, social development and health are still above inflation.

Economic headwinds stressing out consumers - index

2017-06-26 10:42

Uncertainties in the economy are adding pressure to consumers, who are feeling more financially stressed, an index shows.

Municipalities lack accountability for finances - AG

2017-06-22 05:00

Municipalities have consistently displayed a lack of accountability in managing their finances, warns the auditor general.

Only nine new municipalities out of 263 achieved clean audits - AG report

2017-06-21 11:12

The latest auditor general report shows little improvement in municipalities' audit outcomes, with 14 municipalities losing their clean audit opinions.

Majority of taxpayers are older than 25 - report

2016-12-29 18:23

The latest Tax Statistics report reveals that the majority of taxpayers are aged between 25 and 54.

Sanral slammed for over R1.6bn irregular spend

2016-11-16 13:00

The South African National Roads Agency has been slammed by MPs in Parliament for being vague about its more than R1.6bn irregular expenditure.

Government tightens its Budget belt

2016-02-25 13:23

Deloitte unpacks finance minister Pravin Gordhan's budget speech, which is taking a tight fiscal approach.

Nene wants clean bill of health at SARS

2015-02-25 14:07

Finance Minister Nhlanhla Nene says he wants the South African Revenue Service to have a clean bill of health and maintain the confidence of taxpayers.

AG: Municipalities wasted R815m

2014-07-30 21:30

Local government audit results reveal that R815m has been wasted, substantially up from the previous year.


Theft at SAA board's biggest worry, chairperson Magwaza tells parliament

2018-04-24 11:59

SAA’s board and management are committed to doing the right thing, says SAA CEO Vuyani Jarana who told Parliament that the board is working to tackle theft and mismanagement at the airline.

Irregular expenditure in municipalities balloons to over R16bn - AG

2017-06-22 11:38

Deviation from supply chain management regulations has resulted in irregular expenditure rising over 59% to R16.81bn, according to the local government audit outcomes report.

Lack of compliance by worst performing municipalities

2017-06-21 19:45

Municipalities in the North West, Northern Cape and Free State remain the poorest performing in terms of audit outcomes, the auditor general report has revealed.

Expenditure ceiling to come down R26.1bn

2017-02-22 14:09

Treasury plans to reduce the expenditure ceiling by R26.1bn over the next three years.

Weaker rand boosts agriculture sector revenues

2016-11-30 19:22

The increase in revenue in the agricultural sector was mainly driven by the sale of animals and animal products.

Gauteng depts under fire for unauthorised spend

2016-08-30 17:35

The Standing Committee on Public Accounts recommended that R13.3m incurred by certain departments in Gauteng not be approved.

Seven essential financial goals

2016-02-17 10:16

Are you aiming for the right financial targets? There are seven goals you need to include in your financial plan to ensure you are on the right track.

Nene's real test is to curb spending

2014-10-20 20:22

The true test in the mini budget will be whether real expenditure growth can be reduced to less than 1%, says an emerging markets economist.

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