National Treasury

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.

Treasury warns Denel of disciplinary action over Gupta deal

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

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

Budget 2016: Relief for individual taxpayers

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

Latest

Mbalula defends changing taxi operating times

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

A week in lockdown: SA Covid-19 cases at 1 505

The health department says it is awaiting confirmation on whether two deaths in Kwazulu-Natal are related to the coronavirus disease

Lockdown heroes feed hungry kids

Feeding schemes inundated with requests to assist during Covid-19 lockdown

Press Releases

New energy mix on the cards

REI4P already has and will continue to yield thousands of employment opportunities

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders