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South African Treasury

latest news & developments
Finance Minister Enoch Godongwana.

Fractured treasury: Do biases and ideology trump evidence-based reasoning?

The recent drama over the budget spotlights the need to scrutinise our financial institutions, the treasury in particular

South Africa’s economy expanded by 0.8% during the second quarter of 2025, following a marginal increase of 0.1% during the first quarter.

R60bn shortfall: How the treasury can rethink its economic strategy

The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation

Finance Minister Tito Mboweni. (Delwyn Verasamy/M&G)

The national disaster fund will be used to finance preventative measures for Covid-19

Money from the national disaster management fund will be used to fight the spread of the coronavirus and funds from other departments could be used as well

About 422 000 local jobs are tied to exports to economies with active or incoming carbon border adjustment mechanisms (Oupa Nkosi)

The carbon tax: why it could work

The Act has the potential to mitigate environmental damage and boost South Africa’s standing globally

(Delwyn Verasamy/M&G)

SAA needs R3.5 billion by March, says interim CFO

SAA has been working closely with National Treasury and the department of public enterprises to steer itself to profitability

Much of Mogajane’s (L) testimony focused on the first meeting between Van Rooyen and his new colleagues in treasury. (Elmond Jiyane)

‘Van Rooyen did not know his advisers’ — treasury DG

Treasury director general Dondo Mogajane tells Zondo commission Van Rooyen was “clearly” unfamiliar with the two men who accompanied him to treasury

EFF deputy president Floyd Shivambu. (David Harrison/M&G)

Floyd Shivambu demands apology

The EFF deputy president has said there was nothing wrong with critiquing the undermining of African leadership

EFF deputy president Floyd Shivambu
Audio

LISTEN: What exactly did Shivambu say about Momoniat?

Racist? Vitriolic? Decide for yourself

SA Express employees beat out 16 other interested parties to buy a stake in the troubled state-owned airline.

SA Express suspends operations over ‘serious safety risks’ from today

The airline has this month been in hot water over operational and financial setbacks, as well as a recent spate of corruption allegations.

Nhlanhla Nene

Fighting graft is not only lip service, says Nhlanhla Nene

​The National Treasury is not ‘paying lip service’ when it comes to the fight against corruption

“It is becoming increasingly apparent that even tenders that appeared lawful may have been tainted…” – Gigaba.

Budget must set the tone for SOE overhaul

Apart from the risks they pose, parastatals also play a crucial role in long-term economic development and transformation.

(John McCann)

The Budget will test Cyril’s mettle

He has very little room to manoeuvre – and the ratings agencies will be watching very closely

“I use colour to disarm the viewer’’ — Athi-Patra Ruga

Guptas want Gordhan to pay personal costs for ‘political manoeuvring’ in court

Sahara Holdings has filed papers seeking an order that Finance Minister Pravin Gordhan must pay legal costs from his own pocket.

When it comes to good health, sugary drinks are bad news.

Sugar tax only for the sweetest

A can of Coke will soon cost 46c more but will help reduce the national health bill and raise revenue

Former SAA board chairperson Dudu Myeni also sent a letter indicating she would not appear due to ill-health.

#Budget2017: SAA to remain under intense government oversight – Gordhan

Treasury will strengthen oversight over SAA and other state-owned entities to prevent defaults