Cost-cutting beginning to pay off

2017-02-22 14:15

Government will continue with its strict cost containment measures in the 2017/18 financial year, Finance Minister Pravin Gordhan has said in his 2017 Budget Overview.

R24bn worth of Prasa deals being probed

2016-11-30 19:50

The financial corrosion at Prasa could be significantly more than the R14.6bn of irregular expenditure incurred in the 2015/16 financial year.

One pre-nuclear tender makes up 80% of total cost of DoE spend

2016-11-29 14:30

The R171m tender the Department of Energy awarded to President Jacob Zuma’s friend’s son makes up 80% of the department’s tender costs for nuclear-related service contracts.

Treasury lashes Manyi over public attack on Procurement Czar Kenneth Brown

2016-10-06 20:05

Kenneth Brown is at the apex of a procurement function which controls R500bn a year in state spend - a juicy prize for cronies in Zuma’s well documented patronage network.

Blade Nzimande pumps R2m into New Age

2015-04-16 20:08

In the latest revelation on advertising spend into The New Age, the higher education and training department says it has spent over R2m on adverts in the newspaper.

How govt splurged R30bn on consultants

2015-02-22 12:16

The government has spent more than R30bn on consultants and outsourcing in the last financial year, with the defence department being the biggest spender.

Consultants cost govt R12.1bn - AG

2014-11-26 16:55

The report on national and provincial audit outcomes shows that consultants cost the country R12.1bn last year, says auditor general Kimi Makwetu.

Nene: Cutting govt jobs a step too far

2014-10-23 14:58

Cutting rather than freezing the size of government’s bureaucracy is beyond the mandate of the National Treasury, says Finance Minister Nhlanhla Nene.

Nxesi names and shames corrupt officials

2014-09-29 12:57

Public Works Minister Thulas Nxesi has highlighted cases of employees who have been sacked because of fraud, after reporting billions of wasteful expenditure.

Public works wasted R35bn in five years

2014-09-29 08:44

The public works department has lost nearly R35bn to wrongful and wasteful construction or leasing of buildings in the last five years, says a newspaper report.


SABC bosses fly in style with R5.6m travel bill in two years

2016-12-09 13:04

Despite cost curbing calls from the finance ministry, entities that report to the communications department spent a whopping R19m on travel over two years.

Prasa admits to 'collapse in controls' in R14.6bn spend

2016-11-30 12:00

Rail agency Prasa has conceded a “general collapse in controls” which led to irregular expenditure of R14.6bn in the 2015/16 financial year.

Procurement Tsar secures huge State fixed line savings – billions more where that came from

2016-11-22 19:54

Procurement Tsar Kenneth Brown is tasked with securing savings of a staggering R25bn a year by 2019.

Justice, NPA’s R1.5m on New Age shows 'cost control'

2015-04-20 11:30

The justice minister says his department has spent R1.5m on advertising in The New Age, taking total spend by six government departments to R8.2m.

Will Nene crack the whip on the govt wage bill?

2015-02-24 21:15

The ballooning public sector wage bill, which stands at R450bn annually, is in the spotlight ahead of Finance Minister Nhlanhla Nene's budget speech.

R700bn lost to corruption in 20 years

2015-01-28 10:46

Corruption has cost South Africa R700bn over the last 20 years, according to the Institute of Internal Auditors.

Zuma's cabinet costs R4.4m a day - report

2014-11-23 11:16

President Jacob Zuma's personal costs are responsible for a significant percentage of the total R1.6bn a year to the executive running, according to a report.

Govt is destroying capital - economist

2014-10-15 13:11

South Africa faces a further credit downgrade because government is actively destroying capital in the region of R100bn annually, says chief economist Dawie Roodt.

Public Works' wasted R35bn shocking - Nxesi

2014-09-29 10:37

Public Works Minister Thulas Nxesi has expressed shock at the R34.9bn in irregular expenditure uncovered by the department, going back as far as 2001.

SA lives beyond its means, downgrades to follow

2014-07-11 11:00

The country could reach a level of 60% debt to GDP and the credit downgrades which are sure to keep coming will drive away investment capital, says an economist.

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