The JSE will be conducting an internal audit into the holdings company and is expected to report its findings to the minister of finance.
In June this year, Mkhwebane put her signature to a report that seemed to suggest that the government must recover R1.125-billion from Absa.
The hearing is expected to wrap on Wednesday afternoon or during the course of Thursday morning.
Gigaba has asked the court to overturn the entire Bankorp report rather than just striking down sections of it, as Absa and the Reserve Bank has asked
Institutions and families must teach values in a decaying society and adverse economic conditions
The ANCYL alleges that Pravin Gordhan said that if Cyril Ramaphosa is supported for the ANC’s top post, there will be no downgrades.
Premier David Makhura has requested Finance Minister Malusi Gigaba to facilitate the lateral transfer of Sachs to the Gauteng provincial government.
The imposition of the fee-free higher education proposal on National Treasury without due consideration represents an escalation of state capture
Slashing spending and upping taxes may help plug the budget shortfall and pay for higher education
Controls are already in play that should limit the worst cases of tax abuse internationally and locally
The continent’s three largest economies are all being courted by Russia’s Rosatom
After concerns of tax shortfall expressed during the medium-term budget, Gigaba wants to investigate the "ongoing negative perceptions" about SARS.
Removing a president won’t end corruption because global capital is part of the problem
The amount misspent by state-owned enterprises may almost match the R50-billion budget gap
What a shame it is that even younger ANC leaders like Gigaba seem unable to imagine a politics beyond Zuma and the stagnation he represents.
SA Titanic needs to do a 180˚ turn in record time if the country is to be rescued from the quagmire
In a research report responding to the medium term budget policy statement, the absence of fiscal consolidation was “credit negative”.
His mini-budget speech promised a lush harvest, but analysts say a famine of ideas and a drought of solid assurances failed to convince investors
Finance Minister Malusi Gigaba’s budget speech had some unsettling moments that had nothing to do with the financial realities facing the country
Several events could derail the budget but it’s the failure of parastatals that could blow the ship totally out of the water
The Finance Minister kept his cards close to his chest during his budget speech
Analysts believe South Africans, fed up with their money being misspent, are withholding taxes
State employees are still sitting pretty while the country reins in its spending on essential services
Finance Minister Malusi Gigaba’s budget speech revealed the treasury’s inability to fund the full cost of free higher education
The fact that Gigaba runs at a credibility deficit, may just be what sways ratings agencies to downgrade South Africa to sub-investment grade.
Revenue collection will fall R50.8-billion short of targets, while the budget deficit will widen to 4.3% of GDP.
Experts hope the new board can make tough decisions without any political interference
The appointment of a new energy minister could pave the way for a nuclear deal despite legal, financial and civic obstacles
The president is sitting on the fees commission’s report, but Gigaba’s budget may show his hand
The threat to pull their pension funds from the corporation may be a long and complicated fight
The president announced that more controls will be put in place to stop taxpayers from hiding their assets, to the tune of R965-billion, abroad.
Gigaba has also asked the PIC to provide a list of all the investments it has made, and their beneficiaries, to the national treasury.