In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity
A liquidated company is fighting to get home affairs to pay the years old debt owed to them
The new director general played a key role in developing the Eskom Debt Relief Bill
The treasury has found a new way to throw its weight around. Who will it crush first?
But the department’s already reduced ranks may make it difficult to find someone with the technical know-how and clout to replace Dondo Mogajane
When Dondo Mogajane became director general of the national treasury, question marks were raised about his ability to defend the institution. Five years later, it was a war well fought
Dondo Mogajane is set to pursue new opportunities outside the public sector after his contract as treasury director general expires
Migrant workers are seen as contributing to South Africa’s unemployment crisis. But cutting them off threatens to throw the regional economy off kilter
Last month’s budget was positive about the trajectory of the economy but near-term growth projection are only slightly higher than during South Africa’s darkest years
The treasury is meeting rating agencies that identified the public service compensation as a threat to South Africa’s credit outlook
Treasury officials will model the effect of the grant on the fiscus if the need arises
A funding policy loophole seems to be encouraging feeding at the trough at the NAC
The money was found within the existing budget of the justice department after the treasury said it was not prepared to make a further allocation
Justice Minister Ronald Lamola says his department will ensure the state capture commission is afforded the financial resources to complete its work, despite the treasury’s uncertainty
The finance minister suggests money should be found from the cash-strapped justice department
DA leader John Steenhuisen has called for Ramaphosa to throw out what he termed an ‘outdated 20th century ideology of state control’
VAT should not be hiked, but a once-off levy on mineral resources or a solidarity tax seems likely
Busisiwe Mkhwebane ‘allowed her important office to be used to try and resuscitate a long-dead fake news propaganda fiction’, the court ruled
Public sector unions have cried foul over the government’s plan to freeze wages for three years and have vowed to fight back.
Treasury, the department of public works’ Infrastructure in South Africa, and the DBSA have signed a memorandum of agreement that mandates the bank to establish and manage the fund
Many government officials have been talking tough about dealing with rampant corruption in PPE procurement but the majority won’t even release names of who has benefited from the R10-billion spend
Reports of corruption, over-pricing and the delivery of sub-standard PPE have become the norm over the past five months as the country grapples with the Covid-19 pandemic
The OECD predicts a 7.5% contraction in South Africa’s GDP, with an 8.2% contraction if a second wave of Covid-19 is not avoided
The economy is in a depressed state, and Finance Minister Tito Mboweni has called for cautious use of the country’s finances to avert plunging into a sovereign debt crisis
Government’s response to the coronavirus is unlikely to counteract the expected sharp decline of the country’s gross domestic product
Treasury director general says the power utility needs to be fixed urgently
Despite alarm over the recent lifeline, state says the power utility is not on the brink of collapse
Earlier on Wednesday, Mboweni said he had full confidence in Mogajane, despite a remedial action by Mkhwebane to have Mogajane disciplined
According to national treasury economist Catherine MacLeod, the axing of Nhlanhla Nene as finance minister had long-lasting effects on the economy
Zimbabwe is already in arrears with the AfDB, the IMF and the Word Bank
The public protector has found Fikile Mbalula’s 2016 trip to Dubai, where he claimed to have received a ‘loan’ to pay it, was a conflict of interest
According to the findings of the Nexus report, contracts were irregularly awarded to several service providers