Latest articles on National Treasury

SAA in talks to recoup R350-million in blocked funds from Zimbabwe

The cash-strapped national carrier is in the process of recouping its blocked funds from Zimbabwe, which could go towards financing the airline’s business rescue plan

Government misses the mark on the recovery plan

Government, labour, business and community have come up with a combined economic recovery plan amidst three others to help kickstart the economy. Some are new, while others are old and falter in not taking into account the ‘new normal’

Government kickstarts the National Infrastructure Fund

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

IEC ready for elections despite budget and Covid setbacks

The Electoral Commission of South Africa said next year's local government elections will go ahead despite the pandemic as it has plans in place to keep employees and voters safe

Mogajane: SA will stay on growth path

Government’s response to the coronavirus is unlikely to counteract the expected sharp decline of the country’s gross domestic product

Covid-19 economic relief package gets a R800-billion boost

Finance Minister Tito Mboweni has outlined the fiscal and monetary policy interventions implemented by the government in its fight against Covid-19

Budget 2020 — Tito squares up to unions with wage cuts

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

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

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

Sona was a mixed bag but there were some meaningful announcements

Cosatu has a plan to save Eskom

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

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

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

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

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

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Latest

The living nightmare of environmental activists who protest mine expansion

Last week Fikile Ntshangase was gunned down as activists fight mining company Tendele’s expansions. Community members tell the M&G about the ‘kill lists’ and the dread they live with every day

Durban city manager says NPA erred in his bail conditions

The corruption-fraught metro is coming to grips with having a municipal manager who is on bail for graft, yet has returned to work

SA justice delays extradition of paedophile to UK

Efforts to bring Lee Nigel Tucker to justice have spanned 16 years and his alleged victims have waited for 30 years

Press Releases

Itec serves up high-tech integrated surveillance system for family food company

The system includes facial recognition software and a thermal screening solution that will provide instant temperature screening of all employees

Transport Month

An infrastructure-led recovery will help to stimulate demand in the South African economy, which is vital post the Covid-19 pandemic

Limpopo’s Economic Recovery Plan to fight Covid-19 impact

Billions have been set aside to help farmers and industries get back on their feet as part of the Limpopo Socio-Economic Recovery Plan

Disrupt the corrupt

Whistle-blowers should be seen as real heroes in the fight against corruption and we need a change in culture for this to happen

Corporates: A force for good for a sustainable future

In order to see people and nature thrive what is required is a strong focus on partnerships – we cannot act alone anymore

Combatting wildlife crime in Southern Africa activity annual programme statement (APS) No. 04

Concept papers are sought for implementating activities, for a multi-faceted programme that aims to reduce poaching and illegal trade in wildlife

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

In conversation with SA Reserve Bank Governer, Lesetja Kganyago

'Make interest rates zero and inflation goes up and then people save less – we need savings to fund investment in this country'

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