Budget process will continue without veteran Sachs, says deputy finmin

2017-11-14 17:38

Deputy Finance Minister Sfiso Buthelezi has warned that the public outcry over the resignation of National Treasury deputy director general Michael Sachs threatens to undermine the dedicated officials who remain.

Treasury on mini budget: The low hanging fruit has been picked

2017-11-03 17:56

South Africa is not considering a bailout from the International Monetary Fund, despite "unprecedented" challenges, says National Treasury.

Winslyn looks at the MTBPS

2017-11-01 16:11

kykNET's Winslyn provides a brief overview of what minister of finance Malusi Gigaba said in his first Medium-Term Budget Speech (Afrikaans content).

WATCH: Ratings downgrade could mean SA exits international bond index

2017-10-31 06:30

Old Mutual economist Tinyeko Ngwenya talks about the relationship between investors and ratings agencies in the wake of Finance Minister Malusi Gigaba's maiden mini budget.

Moody’s slams Gigaba’s mini budget as ‘marked credit-negative departure’

2017-10-30 12:15

Rating agency Moody’s has criticised Finance Minister Malusi Gigaba’s mini budget, as signaling “a marked credit-negative departure from earlier fiscal consolidation efforts”.

LISTEN: Rating agencies may wait for ANC elective conference

2017-10-27 14:10

While there's a chance for SA to be downgraded to non-investment grade in November, rating firms may wait for the outcome of the ANC elective conference, says economist Kim Silberman.

POLOTIKI | Episode 19: Gigaba 'captured by ambition'

This week, we focus on SA Inc - we are broke, with no recovery plan.

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Gigaba: 'We couldn’t tell people everything is fine'

2017-10-26 20:28

Finance Minister Malusi Gigaba believes South Africans had to hear the truth about the nation's finances when he delivered his mini budget speech.

Look into SARS, MPs tell Gigaba amid glaring tax shortfall

2017-10-26 18:10

Members of Parliament want Finance Minister Malusi Gigaba to look into the administration of the SA Revenue Service on the back of a R50bn tax collection shortfall.

Fitch has little faith in SA post mini budget

2017-10-26 13:56

Fitch Ratings has revealed their disappointment with the mini budget, which has caused the rand to remain increasingly shaky.


Treasury rocked as budget chief quits

2017-11-13 09:36

National Treasury has been rocked by the resignation of its long-time budget head, Michael Sachs.

Cabinet welcomes Gigaba's 'pro-inclusive growth' mini budget

2017-11-02 13:33

Cabinet says it welcomes Finance Minister Malusi Gigaba’s mini budget for its “commitment to inclusive growth and fiscal consolidation”.

Finance markets react negatively to Gigaba's mini budget

2017-10-31 17:20

Financial markets responded negatively to Finance Minister Malusi Gigaba's mini budget statement last week, according to Overberg Asset Management in its latest economic report.

WATCH: Make hold on nuclear permanent - Cosatu

2017-10-30 15:45

Cosatu has said it hopes Finance Minister Malusi Gigaba will put a permanent hold on SA’s new nuclear build programme in the wake of his maiden mini budget address last week.

Magda Wierzycka: Treasury has outsourced SA's economic decision-making to Zuma

2017-10-27 19:59

It is 'terrifying' that National Treasury has yielded SA's economic decision-making to the President, Magda Wierzycka told the Cape Town Press Club.

Business cannot wish away the sovereign – Deputy FinMin

2017-10-27 14:09

Government needs businesses to work with them to create a new social contract for growth and transformation, according to Deputy Finance Minister Sfiso Buthelezi has said.

WATCH: R209bn budget shortfall - what does it mean?

2017-10-27 06:30

Raenette Taljaard, the Executive Director of the non-profit organisation Economic Research Southern, talks to Fin24 about the implications of the government's ever-widening revenue shortfall.

Weak rand lifts JSE to record highs

2017-10-26 18:47

The JSE reached an all-time high on Thursday, as the weaker rand lifted rand hedges and resource stocks.

WATCH: EFF on budget walkout

2017-10-26 16:22

"He [Gigaba] is just going to allocate monies to the Guptas," said the EFF's Floyd Shivambu, after leading his party out of Parliament before the finance minister's speech.

Gigaba lays bare South Africa’s economic woes: Will it be enough to trigger change?

2017-10-26 13:38

During the mini budget, finance minister Malusi Gigaba said that it was time to crack down on cash-draining, non-performing state-owned enterprises. But will he turn his words into action?

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