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Treasury

SAA needs to ensure continuity in order to receive a bailout, says Pravin Gordhan
Article
/ 8 September 2016

SAA needs to ensure continuity in order to receive a bailout, says Pravin Gordhan

The state-owned airline needs to ‘hire a competent, experienced CEO’ as one of the conditions for getting a R5-billion bailout, says Gordhan.

By Carin Smith
Crib notes: This is why Eskom’s got beef with treasury
Article
/ 31 August 2016

Crib notes: This is why Eskom’s got beef with treasury

The power utility’s contract with the Gupta-owned Tegeta company is at the centre of a spat that has heightened factionalism in the ANC.

By Raeesa Pather
​Pravin Gordhan, Presidency move to reassure South Africans over Brexit
Article
/ 24 June 2016

​Pravin Gordhan, Presidency move to reassure South Africans over Brexit

With the news that British voters decided to leave the European Union, emerging market currencies – including the Rand – have taken a beating.

By Lynley Donnelly
Nhlanhla Nene removed as finance minister
Article
/ 9 December 2015

Nhlanhla Nene removed as finance minister

President Jacob Zuma has removed Nene as the minister of finance and replaced him with ANC MP David van Rooyen.

By Matuma Letsoalo Author
Salga declares dispute with Treasury over Eskom debt
Article
/ 14 May 2015

Salga declares dispute with Treasury over Eskom debt

The Local government Association declared a dispute with Treasury to release of R1-billion to 39 municipalities whose funding is being withheld.

By Emsie Ferreira
Nhlanhla Nene removed as finance minister
Article
/ 9 October 2014

Nhlanhla Nene removed as finance minister

President Jacob Zuma has removed Nene as the minister of finance and replaced him with ANC MP David Van Rooyen

By Staff Reporter
Carbon tax shoots itself in the foot
Article
/ 13 September 2013

Carbon tax shoots itself in the foot

The treasury is thinking of enforcing the levy to reduce our emissions, but this won’t work.

By Staff Reporter
Treasury queries need for analysts
Article
/ 6 September 2013

Treasury queries need for analysts

Passive management of pension funds could provide similar returns at a lower price, it says.

By Staff Reporter
Treasury zooms in on tender fraud
Article
/ 23 August 2013

Treasury zooms in on tender fraud

With the help of technology, it is hoping to flag graft and standardise and simplify procurement.

By Staff Reporter
Debt control: A political hot potato
Article
/ 16 August 2013

Debt control: A political hot potato

The upcoming elections may be driving the rush for amnesty and reform to the garnishee system.

By Staff Reporter
Blue-collar pension fund needed
Article
/ 2 August 2013

Blue-collar pension fund needed

Someone needs to come up with a simple, affordable scheme for low-income earners.

By Staff Reporter
Libya holds stakes in South African hotels, including Michelangelo
Article
/ 21 June 2013

Libya holds stakes in South African hotels, including Michelangelo

And Treasury says it will work with Libyan authorities to locate more.

By Staff Reporter
Door to doing business in Africa has opened
Article
/ 1 March 2013

Door to doing business in Africa has opened

Cross-border financial regulations are being relaxed to make doing business in Africa easier.

By Lloyd Gedye
South Africa pegged as eurozone safe haven
Article
/ 5 June 2012

South Africa pegged as eurozone safe haven

SA may issue five new bonds this week, helping to plug a 10-year benchmark gap and extend the government yield curve by a further seven years.

By Xola Potelwa
Treasury takes aim at savings costs
Article
/ 18 May 2012

Treasury takes aim at savings costs

Compulsory fund preservation and simplifying products are among the options highlighted in the treasury’s discussion document.

By Maya Fisher French
No image available
Article
/ 13 April 2012

SA economy showing signs of stability

Treasury’s Lungisa Fuzile says the economy is on a more sure footing but the target growth of 7% will not come without fixing infrastructure backlogs.

By Staff Reporter
No image available
Article
/ 2 August 2011

Europe woes could raise SA bonds, says Treasury

The debt crisis in Europe could hit local bonds if it worsens, pushing yields higher than expected as the continent holds 35% of government’s debt.

By Staff Reporter
No image available
Article
/ 25 February 2011

Jobs at a premium — cost, that is

A youth subsidy that would get people working at a fraction of the IDC’s costs will only start next year.

By Kevin Davie
No image available
Article
/ 24 January 2011

Tips for Pravin

You can’t send "Tips to Trevor" any more, but Pravin Gordhan is keeping the tradition alive.

By Fiona Zerbst
No image available
Article
/ 29 April 2009

Gordhan eyed as Manuel’s successor

Pravin Gordhan, head of South Africa’s tax authority, is the frontrunner to succeed Finance Minister Trevor Manuel if he is moved to another post.

By Staff Reporter
No image available
Article
/ 6 March 2009

SABC camps fight for control

A forensic report leaked to the M&G shows the SABC board is split into two camps, fighting over political control and editorial independence.

By Adriaan Basson, Lynley Donnelly and Faranaaz Parker
No image available
Article
/ 19 February 2009

Securely lacking common sense

When it comes to the treasury, common sense does eventually prevail; it just takes a while.

By Lloyd Gedye
No image available
Article
/ 29 January 2009

Court ruling a small relief for bus operators

A court order forcing government to pay about R300-million for its outstanding bus subsidy payments was an interim solution, Satawu said on Thursday.

By Staff Reporter
No image available
Article
/ 31 October 2007

Mboweni: Inflation must be tackled

Broad-based price increases in South Africa’s economy showed there was a problem that needed to be ”handled”, Reserve Bank Governor Tito Mboweni said on Tuesday. Speaking in Johannesburg, he also warned that, in general, faster inflation meant tighter monetary policy.

By Staff Reporter
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