Finance Minister Pravin Gordhan has described the company as “arrogant and belligerent” regarding its joint venture with VR Laser Asia.
Recent reports have suggested that arms manufacturer Denel have not followed the correct legal procedures in their dealings with the Gupta family.
Finance Minister Pravin Gordhan said on Monday that the ANC needs to rediscover and reclaim its original purpose.
It's been a full day for Finance Minister Pravin Gordhan, from a media briefing to the Cabinet "family" photograph - and of course, the budget speech.
Finance Minister Pravin Gordhan has provided fiscal drag relief of R5.5-billion for individuals “focusing on lower- and middle-income earners”.
The DA is seeking clarity on government's bailout plans for Eskom, and wants to know how much of its debt will be absorbed by taxpayers.
Treasury will consider partnerships with the private sector to extend some of SA's infrastructure build despite it being politically impossible.
Improved trade data will help narrow South Africa's current account deficit and is a sign the economy is rebalancing from consumption to production.
But the roads agency's success in recovering e-toll income from users will impact investor sentiment.
Steelmakers are frustrated by slow infrastructure development exacerbated by spending cuts in the mining sector.
Cosatu is flabbergasted by the International Monetary Fund's latest report on South Africa, says spokesperson Patrick Craven.
Exorbitant fees are among several factors contributing to unacceptably low levels of retirement savings in South Africa, says treasury.
South African Local Government Association has called for a programme to be implemented to help municipalities struggling with financial management.
The South African treasury has warned that halting the user-pay system (e-tolls) will have dire consequences for South Africa's finances.
The national treasury says R3-billion a year is too much to be spending on leasing property for state departments, and is working to whittle it down.
Analysts have claimed that billions are at stake and the derivatives market could be destroyed because of the new securities tax touted by government.
Nelson Mandela's face on our banknotes leaves our other national heroes out in the cold, writes Nickolaus Bauer.
South Africa's economy could win if the unfair benefits accruing to producers of synthetic fuels ended.