National Treasury

Budget 2020 — Tito squares up to unions with wage cuts

Article Tshegofatso Mathe - 26 Feb 2020

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

Sars expects to collect less revenue for the year

Article Thando Maeko - 26 Feb 2020

The revenue service is expecting another year of tax undercollection thanks to weak economic growth and strained consumers.

Moody’s axe likely to fall on ordinary South Africans

Article Thando Maeko - 26 Feb 2020

The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27

Ramaphosa bets big on infrastructure to boost economy

Article Makhanda Ka Lima - 19 Feb 2020

Sona was a mixed bag but there were some meaningful announcements

Cosatu has a plan to save Eskom

Article Kevin Davie - 30 Jan 2020

The union federation says urgent, bold action is needed to keep the state-owned utility (and South Africa) going

Treasury is still seeking SAA funds

Business Tshegofatso Mathe - 24 Jan 2020

The government has committed an additional R2-billion to the airline, but has yet to pay it out

Reserve bank unanimously decides to cut the repo rate

Article Tshegofatso Mathe - 16 Jan 2020

The South African Reserve Bank’s monetary policy committee has unanimously decided to reduce the repo rate by 25 basis points, to...

Ahead of WEF, Mboweni will have to assure investors that the country does have power

Business Thando Maeko - 16 Jan 2020

The finance minister says despite the difficult fiscal environment, structural reforms are under way to put SA on a new growth path

Denel sticks to its guns in dispute with Gordhan

Article bogdan TagDiv - 11 May 2016

Finance Minister Pravin Gordhan has described the company as “arrogant and belligerent” regarding its joint venture with VR Laser Asia.

Treasury warns Denel of disciplinary action over Gupta deal

Article bogdan TagDiv - 14 Apr 2016

Recent reports have suggested that arms manufacturer Denel have not followed the correct legal procedures in their dealings with the Gupta family.

The Constitution is a social contract – Gordhan

Article bogdan TagDiv - 4 Apr 2016

Finance Minister Pravin Gordhan said on Monday that the ANC needs to rediscover and reclaim its original purpose.

Budget 2016: Relief for individual taxpayers

Article Donwald Pressly Author - 24 Feb 2016

Finance Minister Pravin Gordhan has provided fiscal drag relief of R5.5-billion for individuals “focusing on lower- and middle-income earners”.

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Mbalula defends changing taxi operating times

Thando Maeko - 3 Apr 2020

Regulations for taxis have been relaxed over the last few days of the lockdown prompting criticism. Transport minister Fikile Mbalula however, has defended the decision

Coronavirus