Treasury scrambling to stem pension fraud

Deputy Finance Minister Nhlanhla Nene said on Thursday treasury is still trying to stem abuse of the special pension fund for military veterans.

SA runs risk of crippling indebtedness

The department of finance has warned that South Africans need to save money in order to avoid high indebtedness.

Special pensions scams go on

Despite a damning probe, neither the fraudsters nor officials who abetted them have been charged.

SA's economic recovery not strong, says Nene

SA's economic recovery is not sustainable yet and is still relying on loose monetary and expansionary fiscal policies, says deputy finance minister.

Swaziland turns to South Africa for bailout

Swaziland has asked South Africa for an emergency bailout of R10-billion but the government say it would need to review the request first.

BEE company signs multimillion-rand mining deal

Ntsimbintle Mining, a black economic empowered company, signed a R430-million deal with OM Holdings on Monday for a new mine in the Northern Cape.

Creating jobs 'SA's most critical challenge'

Creating more jobs is South Africa's most critical challenge, Deputy Minister of Finance Nhlanhla Nene said in Johannesburg on Friday.

Unions 'must show discipline on wages'

Workers should exercise discipline when demanding higher wage settlements, Deputy Finance Minister Nhlanhla Nene said on Wednesday.

Inflation targeting should stay, says Nene

Newly appointed Deputy Minister of Finance Nhlanhla Nene endorsed inflation targeting on Thursday, going against the leftist voices in the ANC.

Nene to become deputy minister of finance

Nhlanhla Nene -- who recently made the news when his chair collapsed during a TV interview -- is to be sworn in as deputy minister of finance.

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