South African taxpayers have paid R16.5bn to bail out SAA over the past decade — almost R1,000 per household

2020-01-16 13:17

The bailouts exclude the R17.31 billion in debt guarantees the state extended to SAA.

A new plan says government intervention can make data 25% cheaper within three years – here’s why that is quite optimistic

2019-08-29 09:13

Mobile operators have long blamed the lack of spectrum for high data prices.

OPINION: SA's choices in coming months will weigh on us for years to come

2019-08-26 12:07

Perhaps what Treasury is heralding is the long-awaited "tough choice". And perhaps doing so is a necessary first step to clawing the country back to something resembling sustainability, writes Terence Corrigan.

These SA cities have the healthiest finances - with Paarl and Middelburg topping the list

2019-08-16 17:03

The national treasury found that municipalities underspent more than one-fifth of their overall capital budgets.

Get that tax return done!

2019-07-03 15:57

Three specialists break down the ins and outs of ling your taxes

Numsa: Reverse SAA chief resignation or face 'indefinite' strikes

2019-06-05 18:01

Numsa says bureaucratic red tape and frustration forced SAA Chief Executive Vuyani Jarana to quit his job and demand that his resignation be rescinded.

Treasury, JSE debt requirements seek more transparency at SOEs

2018-10-01 21:00

Proposed new debt listing requirements include stipulations that will compel state-owned entities looking to apply for debt securities to be more transparent.

Treasury offers eleventh-hour recommendations to fix Road Accident Fund

2018-08-15 05:45

In 2011 Cabinet approved a policy in which the Road Accident Fund would be converted from being a fault based, liability insurance system to a fully funded social security system.

Nene cracks down on unqualified finance and supply chain officials

2018-08-08 20:25

In a bid to speed up the pace at which local government officials are getting qualified to do their jobs, Finance Minister Nhlanhla Nene has announced a new, shorter time limit for them to do so.

PIC CEO will know his fate by end of the week, says Nene

2018-07-23 15:38

Public Investment Corporation CEO Dan Matjila will know his fate by the end of the week, when Finance Minister Nhlanhla Nene concludes a review of allegations against him.


‘I endorse them all’: Ramaphosa supports Mboweni’s economic growth plan - including selling older power stations

2019-10-15 17:07

The controversial plan is opposed by ANC alliance partners Cosatu and the SACP, but Ramaphosa told the The Economist he is right behind it.

Treasury wants to deregulate the petrol price - but an analyst believes this will not bring cheaper fuel, only more price volatility

2019-08-28 13:59

South Africa’s fuel price is currently calculated monthly, based on overseas oil prices.

Ramaphosa to brief Parliament as SA seeks to cut spending

2019-08-22 11:51

President Cyril Ramaphosa is to brief Parliament on efforts to boost economic growth and tackle the nation’s crisis-level unemployment rate, just weeks after the National Treasury asked government departments to cut their budgets.

South African yields climb as bond sale amounts raised for Eskom

2019-07-31 21:50

South African government yields climbed and the rand pared an advance after the National Treasury said it will increase the amount of debt sold at weekly bond auctions to help fund a bailout of the state-owned electricity company and counter a tax revenue shortfall.

SABC needs R3.2bn government backing to avoid shutdown

2019-06-16 16:52

The government is considering a R3.2bn guarantee for the country's cash-strapped national broadcaster to help it raise money from lenders, according to the Sunday Times.

Turbulence at Treasury: A short history

2018-10-08 10:13

National Treasury has been a beacon of good governance and stability since 1994 – the last couple of years however has seen it suffer under a barrage of political assault that resulted in four finance ministers in four years.

National Treasury lauds electronic platform for government bonds

2018-08-29 22:01

The platform provides anonymity both pre-trade and post-trade and more price discovery, allowing traders to see live pricing.

Treasury: Economic growth will be done by the book

2018-08-13 22:20

National Treasury has hit back at critics of proposals for economic growth, including a sovereign wealth fund and economic stimulus plan.

Suppliers making threats over 'illegal' payment demands - Treasury

2018-08-07 15:21

Some suppliers are threatening to stall state-contracted projects if their demands for cash payments are not met - breaking the law and potentially undermining transformation.

Treasury, SARS call for comment on tax law amendments

2018-07-18 15:58

South Africans have until mid-August to comment on the newly published Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill.

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