The cash-strapped power utility is disposing of its land for low prices without the involvement of the treasury, sources say
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Momoniat’s temporary appointment follows the resignation of former director general Dondo Mogajane, who worked in the ministry for 23 years.
Consumers, who have remained resilient despite South Africa’s economic woes over the past decade, are being squeezed on all fronts. What are the policy options? Or is it the same old, same old
The government was given 12 months to amend the regulations and make them constitutionally compliant, but this process was delayed by a constitutional court challenge by Finance Minister Enoch Godongwana.
Government department accounting officers can now authorise contract deviations that previously had to go through the treasury
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Rebuild efforts have been mired in concerns about looting, but it could provide a much-needed stimulus to a crisis-hit province
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Part four of the report will be handed to the president soon but, in court papers, Zondo said he needed six more weeks to deliver the last instalment
The liquidators of Double Ring wants an order forcing treasury to get government departments to pay invoices on time
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Dondo Mogajane is set to pursue new opportunities outside the public sector after his contract as treasury director general expires
Service delivery will be significantly reduced if the state is forced to honour the 2018 wage agreement, the constitutional court found
This year’s budget will be a balancing act, but the treasury needs to prioritise restoring South Africans economic agency
The second state capture report shows how the arms company went from a R35-billion order book to begging the treasury for cash to stay afloat
The health department is increasingly playing fiscal catch up each year as the trainee intake continues to swell
The Covid-19 pandemic led to an unprecedented widening of the budget deficit and a spike in debt stock but a commodity price surge gave the treasury room to breathe.
The new finance minister said there would be no new bailout for Eskom or other parastatals, with the exception of Denel, which was thrown a lifeline after defaulting on debt to the tune of R2.9-billion
Enoch Godongwana’s first medium-term budget policy statement includes more funding local government, but with more terms and conditions for after service delivery failures cost the ANC dearly at the polls
The finance minister says more grants would mean the money would have to be cut elsewhere as he sticks to fiscal consolidation
A start-up Act that changes exchange control, tax and labour laws will help innovation-driven tech start-ups thrive
The municipality has accrued billions of rand in wasteful spending, and more than 6 000 putrid bucket toilets
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The Bill, which will facilitate South Africa’s transition to a greener economy, compels businesses to reduce greenhouse gas emissions that accelerate climate change
‘The unrest presents an untimely and negative effect on SA’s growth prospects,’ said Godongwana, adding that this could last for the next six quarters
Statistics South Africa has overhauled its GDP data, which now show that the economy was 11% larger in 2020 than previously estimated
The SIU told parliament the health department was so desperate to give Digital Vibes a communications contract that it flouted government procurement policies and allowed a 104% price inflation
Meet the father, the cook and the chief executive of Eskom, who wakes up at 3am and writes speeches. André de Ruyter speaks to Athandiwe Saba about the future of the power utility, balancing its debt and how to make the best bully beef toast
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A March 2020 directive from the Gauteng premier is at the centre of an SIU civil case to recover money lost due to alleged unlawful procurement
The parastatal has struggled with financial constraints for some time, partly blamed on wasteful expenditure and the inability to create revenue
Ramaphosa needs to build broad political consensus if he is to have any chance of pursuing his fiscal and structural reform agenda
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Zondo wanted to know why tenders were awarded to a company that was publicly known to have been involved in corruption
It is becoming clear SA needs a BIG, as many ANC cabinet members, opposition parties and experts agree. But there is still dissent from some quarters
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The finance minister extended the Ters relief and the social distress relief grant, and also ensured businesses hit by looting can access insurance
After alleged attempts to loot Eastern Cape housing funds, 39 200 people in the province will continue to live in atrocious conditions
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Rebuilding is crucial, but democracies cannot allow themselves to be held to ransom by the destruction of anarchists in dictating where public funds should be spent