A string of errors saw Deputy Chief Justice Raymond Zondo chastise the commission’s team as he was forced to allow a vital Eskom witness more time, when the commission has very little left
As the testimony about how Eskom was captured is heard, former high ranking officials feign shock and can’t explain how multimillion-rand contracts were paid before a single deliverable was met
Industry experts predict the R10.5-billion from the treasury to rescue the airline may not be enough, but the rescue practitioners say the money is enough to ‘settle the sins of the past’
The SOE has asked the government for R3.5-billion in extra support over the next three years to offset losses incurred because of the pandemic
Limited understanding of finances and a low income means that millions of South Africans either don’t or can’t put money aside for when they’re older
Public sector unions have cried foul over the government’s plan to freeze wages for three years and have vowed to fight back.
The mid-term budget policy statement delivered by the finance minister proposes cutting all non-interest spending by R300-billion.
The scramble to find cash for an SAA bailout, Covid-19 grants and civil servants’ demands force postponement of mini-budget
Minister of Finance Tito Mboweni has asked for a week’s delay in presenting the medium term budget policy statement.
Perhaps the government does want us to know how bad things really are
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
AG Kimi Makwetu’s ‘real-time’ audit of contracts and relief schemes indicate ‘a higher risk of fraud and abuse of funds’
Independent investigation into Eskom reveals fractious board discussions, involving accusations and counter-accusations, as allegations of corruption sink contract
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
Transparency and accountability have lost currency in the treasury, and we are all the poorer for it.
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
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
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
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
Eskom and weaker growth play havoc on the public purse
Despite the depressing economic climate, South Africa can avoid the debt trap and foreign investors can easily access its markets
The treasury has mooted selling the utility’s coal-fired stations, but this doesn’t mean privatisation
It’s a recipe that should feed 58-million with a bit of pot-luck and an ample pinch of salt
Despite outrage over its planned ‘expat tax’ amendments, the state says closing the personal income loophole is in line with international practice
South Africa’s power utility has become a bottomless pit of expenses; it’s debatable whether it can feasibly ever be saved
During his testimony in 2018, former treasury director general said Van Rooyen arrived at treasury with a "pre-appointed adviser" in Mohamed Bobat
According to testimony before the Zondo commission, Eskom appears to have misled treasury about the quality of coal from a Gupta-owned coal mine
Increases in indirect taxes such as adjustments to the fuel levy and increases on excise taxes on alcohol and tobacco products will raise R1.2-billion
Earlier on Wednesday, Mboweni said he had full confidence in Mogajane, despite a remedial action by Mkhwebane to have Mogajane disciplined
According to national treasury economist Catherine MacLeod, the axing of Nhlanhla Nene as finance minister had long-lasting effects on the economy
Treasury economist Catherine MacLeod will take the stand on Tuesday
The drive for nuclear energy has been cited by ratings agencies as a major reason for credit downgrades