Finance minister warns “we cannot have all things we want at the same time” and tables cuts in things like the public wage bill in a R1.84 trillion budget
Finance minister warns that government’s increased debt could mean ratings agencies downgrade the country’s credit worthiness to junk
Here is the finance minister’s address on the 2020 budget
The budget is usually scheduled for the second-last Wednesday in February, and the ratings agencies deliver their decisions after assessing the country’s plans for the fiscal year ahead
Watch: The finance minister delivers the budget less than two weeks after the president’s state of the nation address
The former PIC chief muses over PIC debt-for-equity, privatisation and selling off power stations
The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27
The finance minister must tread a tightrope to fix the economy as he prepares for next week’s budget speech
The union federation says urgent, bold action is needed to keep the state-owned utility (and South Africa) going
Cyril Ramaphosa wants to do the right thing – bring independent power producers on to the grid. He must act despite opposition from top ANC members
Eskom prepares for worker ‘sabotage’: expected lay-offs delayed until after elections, police and army on standby
The state could raise a lot more money by limiting them but it would come at a socioeconomic cost
Mboweni laid out a series of tax changes aimed at raising R15-billion in 2019/20.
Eskom gets R69-billion in additional funds for its restructuring plans but no debt relief deal
Finance Minister Tito Mboweni is under pressure to bail out the state power utility Eskom — along with its $30-billion mountain of debt
Finance minister faces an unprecedented task in delivering this year’s budget – given a deteriorating economic backdrop and an ongoing crisis at Eskom
Mboweni delivered the Medium Term Budget Policy Statement in October, a couple of weeks after Nhlanhla Nene resigned from the position
Global finance, procurement fraud and mega projects flash warnings
The South African Reserve Bank needs to guide the market on how it is going to treat VAT increase in its inflation targeting approach
The state of the nation address and budget speech didn’t leave a sense that there has been reflection on the depth of the economic malaise gripping SA
2018’s budget does not go far enough. Perhaps Malusi Gigaba was caught up in the euphoria of the widely welcomed Sona by Cyril Ramaphosa
The portal is intended to make the budget more accessible through a user-friendly format to enable more effective information sharing
Apart from the risks they pose, parastatals also play a crucial role in long-term economic development and transformation.
The president has asked the finance ministry to reduce spending and increase revenue to fill a R50-billion revenue gap
“Should politics continue to improve, then credit ratings agencies might be willing to postpone a downgrade and the rand could hold onto its gains"
Once slices of the healthcare funding pie are dished out to provinces, there is little control over how this money is spent to benefit the rural poor.
It’s not so much what the finance minister said in his speech, but what he didn’t say that should have us worried.
A can of Coke will soon cost 46c more but will help reduce the national health bill and raise revenue
Treasury will strengthen oversight over SAA and other state-owned entities to prevent defaults
Political observers believe Gordhan is being targeted by those who want him fired — to make way for a Zuma loyalist.
Finance Minister Pravin Gordhan presents his 2016 budget speech to the nation.
Not since Nelson Mandela walked out of Victor Verster prison 26 years ago have investors been gloomier about South Africa’s economy.