Latest articles on Treasury

Too broke for Mboweni to budget

The scramble to find cash for an SAA bailout, Covid-19 grants and civil servants’ demands force postponement of mini-budget

No need to worry about the mid-term budget being postponed, say economists

Minister of Finance Tito Mboweni has asked for a week’s delay in presenting the medium term budget policy statement.

Hollowing of skills and defunding of Stats SA works for a failing state

Perhaps the government does want us to know how bad things really are

Eskom and treasury fight needs urgent attention

Early signs of instability are creeping into struggling power utility as forces fighting for space in the parastatal take battle to the very top at Megawatt Park

Auditor general points to the state’s flaws enabling Covid-19 graft

AG Kimi Makwetu’s ‘real-time’ audit of contracts and relief schemes indicate ‘a higher risk of fraud and abuse of funds’

Eskom and treasury locked in multibillion-rand tender bunfight

Independent investigation into Eskom reveals fractious board discussions, involving accusations and counter-accusations, as allegations of corruption sink contract

The PPE bonanza and how ‘flukes’ made people millions

More than R10-billion has been spent on PPE. But healthcare workers say they are not getting enough masks and other gear to keep them safe from Covid-19. Sarah Smit, Paddy Harper and the M&G Data Desk dug into the numbers

Editorial: The public has a right to know

Transparency and accountability have lost currency in the treasury, and we are all the poorer for it.

The PPE scandal that the Treasury hasn’t touched

Many government officials have been talking tough about dealing with rampant corruption in PPE procurement but the majority won't even release names of who has benefited from the R10-billion spend

Treasury presents Covid-19 corruption action plan

Reports of corruption, over-pricing and the delivery of sub-standard PPE have become the norm over the past five months as the country grapples with the Covid-19 pandemic

Jury’s out on green recovery

Public-private partnerships and big infrastructure builds have been suggested as ways to boost South Africa’s flagging economy. Another option to consider is green bonds, which would also help achieve climate crisis goals

South Africa on track to move to phase three of its Covid-19 economic response

The next phase of the government’s economic strategy, which will be announced ‘soon’, is expected to detail plans to recover from the crisis wrought by the coronavirus pandemic

2019 budget policy statement: Debt, debt, debt

Eskom and weaker growth play havoc on the public purse

Light at the end of Eskom tunnel?

The treasury has mooted selling the utility’s coal-fired stations, but this doesn’t mean privatisation

IMF bailout not wise – or needed

Despite the depressing economic climate, South Africa can avoid the debt trap and foreign investors can easily access its markets

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Latest

Ithala backs its embattled chairperson

Roshan Morar is being investigated in connection with KwaZulu-Natal education department backpack sanitiser tender worth R4-million and a batch of face masks that vanished

Q&A Sessions: ‘My north star is the patient’

Rhulani Nhlaniki is Pfizer’s cluster lead for sub-Saharan Africa. As Pfizer starts phase III of the clinical trial of their Covid-19 vaccine candidate, he tells Malaikah Bophela that if it is successful, the company will ensure the vaccine will be available to everyone who needs it

Murder of anti-mining activist emboldens KZN community

Mam’Ntshangase was described as a fierce critic of mining and ambassador for land rights.

Press Releases

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'

Secure your business from cyber threats

Many business-grade security systems now have built-in learning systems and AI to help businesses stay up to date with protection

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