Enoch Godongwana is currently seized with preparations for the medium-term budget, which will give details on whether fiscal stability is still possible
The finance minister confirmed he had been approached by the police about a criminal investigation into allegations of sexual assault
The police have reportedly handed over a docket to the National Prosecuting Authority, which will decide whether the finance minister is charged with sexual assault
So says Rudi Dicks, who is in charge of coordinating President Cyril Ramaphosa’s initiatives to drive structural reforms and employment
With high prices continuing to bear down on consumers the world over, leaders who fail to bring inflation to heel could face a reckoning
After 14 years of blackouts, the president has promised to expedite load-shedding’s finale
The truth is that our carbon tax is way too low to act as a real deterrent
Momoniat’s temporary appointment follows the resignation of former director general Dondo Mogajane, who worked in the ministry for 23 years.
The government was given 12 months to amend the regulations and make them constitutionally compliant, but this process was delayed by a constitutional court challenge by Finance Minister Enoch Godongwana.
But forecasters are expecting the jobless rate to stay elevated, as load-shedding and inflation take their toll
Fuel prices are expected to increase by at least R3 a litre if the R1.50 reprieve is not extended
The public enterprises minister has said there have been deliberate attempts to undermine the transaction, which is aimed at rehabilitating the airline
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
Dondo Mogajane is set to pursue new opportunities outside the public sector after his contract as treasury director general expires
Finance Minister Enoch Godongwana has announced a postponement of the sugar tax for 12 months
The emergency fuel-price intervention was announced by the treasury in the parliament on Thursday afternoon, in light of skyrocketing global oil prices
The finance minister says there is a long-term intervention in the pipeline to address fuel prices, but the global situation has prompted the treasury to moot emergency relief
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
The government has finally started to recognise the importance of SMMEs in job creation, the business bounce-back scheme being a case in point
The government has finally started to recognise the importance of SMMEs in job creation, the business bounce-back scheme being a case in point
The finance minister’s reduction in corporate income tax and allocations to education, health, social development, justice and police have been welcomed
The last time the fuel price was not increased because of a change in either the fuel levy or the Road Accident Fund levy was in 1990
Labour group Assembly of Unemployed, supported by the South African Federation of Trade Unions, demands a basic income grant of R1 500.
A portion of the government’s revenue overrun, the result of the commodity boom, will be used to pay provincial employees
A long-term basic income relief measure will depend on spending cuts and improved revenue performance, the finance minister said in his guarded words on the subject
The finance minister adds R426-million to employ 90 more staff for the Investigating Directorate, but most of it must be found through ‘reprioritisation’
The finance minister says Eskom’s debt problem may require some ‘fiscal intervention’, but only if certain conditions have been met by the parastatal led by André de Ruyter
Enoch Godongwana says he is a far less panicked finance minister on signs the tide is changing for South Africa
Persistently high joblessness, the budget notes, has emerged as a key weakness in economic performance
The finance minister made a smallish exception for Denel in terms of funding but warned that the government wants to push ahead with plans to consolidate SOEs that no longer served a function
The government expects to achieve a primary surplus a year earlier than expected and the economy is expected to reach pre-pandemic levels of GDP this year