Raising taxes won't help the fiscus, parliament hears

2019-11-05 15:10

Tax hikes are most likely to impact negatively on the economy's performance and in turn revenue collection, the Financial Fiscal Commission warned.

Sell assets now, says Treasury. Unions push back

2019-11-02 19:01

Treasury wants to forge ahead with long-stalled plans to sell state assets to shore up the nation’s shaky finances despite opposition.

Mboweni: Pray we don't get a downgrade

2019-11-01 12:19

Finance Minister Tito Mboweni is turning to God to help SA avoid a downgrade.

Mboweni: A whole engine has disappeared at SAA Technical

2019-10-31 15:43

"This is stuff of the movies."

OPINION: SA's long dark economic winter is far from over

2019-10-31 11:05

A major concern is that the government’s resolve is strongest on policies that are actually quite suspect.

Govt secures SAA's flight plan, will pay off its R9bn guaranteed debt burden over three years

2019-10-30 14:14

South African Airways is not generating sufficient cash flow to sustain its operations, nor can it repay outstanding debt.

Mboweni's medium-term budget in a nutshell

2019-10-30 14:09

Depressed economic growth, a projected tax shortfall of R53bn and multiple bailouts for state-owned enterprises have reduced room for the state to boost spending on its key priorities.

We want guarantees that Eskom workers won’t be retrenched – Cosatu

2019-10-30 11:48

Labour federation Cosatu has said it will engage with government on the recently released special paper marking out a roadmap for Eskom.

Ferial Haffajee: Gordhan goes 'Made in China' on Eskom’s future

2019-10-30 06:12

Minister of Public Enterprises Pravin Gordhan followed the lead of China and Vietnam, both communist states with high growth state capitalist economies, to plot a future Eskom, says Ferial Haffajee.

5 things Cosatu wants Mboweni to clarify in the mini budget

2019-10-26 07:00

Labour federation Cosatu wants Finance Minister Tito Mboweni to share how government plans to take the country out of crisis when he announces the mini budget.


Rand traders on edge as Moody’s puts debt in last-chance saloon

2019-11-04 06:00

'South Africa has been a car crash in slow motion,' says Cristian Maggio, London-based head of emerging-market strategy at TD Securities.

Mboweni on Moody's: South Africans, it is time to roll our sleeves

2019-11-02 09:16

Finance Minister Tito Mboweni has urged all South Africans to work together to help avoid a downgrade of our credit rating.

Cabinet will be ready to make a decision on e-tolls in 2 weeks – Mbalula

2019-10-31 19:01

Transport Minister Fikile Mbalula says that no decision has been taken yet on e-tolls.

Mboweni on wage bill: Whether Faith Muthambi likes it or not, she was part of creating the problem

2019-10-31 14:23

The war of words between Finance Minister Tito Mboweni and former minister of public service and administration Faith Muthambi continued at a parliamentary briefing on Thursday.

Ferial Haffajee: Here's how Mboweni will hit embattled taxpayers even harder

2019-10-31 07:27

If you are middle class and tax-paying, get set to pay more and receive a lot less from the government next year - as if you weren't already buckling, says Ferial Haffajee.

No debt relief for Eskom just yet, says Mboweni

2019-10-30 14:10

The finance minister says relief will only be negotiated once Eskom has shown progress in its turnaround strategy.

South Africa could be 'junk' by Friday - Investec

2019-10-30 13:29

Finance Minister Tito Mboweni warned that South Africa's government debt could hit more than 70% soon.

From Eskom's R450bn debt to tax shortfalls: What to watch out for in the medium-term budget

2019-10-30 06:19

This may the most important medium-term budget yet.

OPINION: Promises of job creation, but paltry support for small businesses

2019-10-26 20:45

The SME funding gap is between R86 billion to R346 billion, says Karl Westvig.

SARS is doing a good job, its target is just too high - tax expert

2019-10-25 05:00

Given SA's economic performance, a tax expert says the tax collection target of R1.422trn is 'unrealistic'.

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