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  • FILE: Finance Minister Nhlanhla Nene. PIcture: GCIS

    Treasury: Relevant individuals will be called to testify at PIC inquiry

    Finance Nhlanhla Nene announced the establishment of the inquiry on Wednesday which will investigate corruption allegations against top pic members.

    1485 days ago
  • FILE: Finance Minister Nhlanhla Nene. Picture: GCIS

    Nene: Govt depts will also feel pinch of fuel price hike

    Finance Minister Nhlanhla Nene says the price of petrol has the greatest impact on government departments whose service delivery mandates involve significant car travel.

    1494 days ago
  • South Africa Reserve Bank officially launched new notes and a R5 coin in celebration of Nelson Mandela's centenary year. Picture: Kayleen Morgan/EWN

    [WATCH] New Madiba notes, coin officially launched

    South Africa Reserve Bank officially launched new notes and a R5 coin in celebration of Nelson Mandela's centenary year.

    1498 days ago
  • FILE: Nhlanhla Nene. Picture: GCIS.

    [LISTEN] 'Nene asked unions to bring ideas of how to fund wage demands'

    Cape Talk’s Kieno Kammies speaks deputy editor of the 'Financial Mail' Sikonathi Mantshantsha about the Eskom wage talks deadlock.

    1498 days ago
  • FILE: Numsa's Irvin Jim (C) at a media briefing. Picture: Katleho Sekhotho/EWN

    Unions demand meeting with Nene, Gordhan & Eskom board amid wage talks

    On Tuesday, talks ended with no agreement as workers remained firm on their demand for an 8% salary increase for this year and then 8.5% for the next two years.

    1500 days ago
  • FILE: Finance Minister Nhlanhla Nene. Picture: GCIS.

    Nhlanhla Nene warns of challenges as rand tumbles

    The rand suffered last week when data showed the economy shrank by 2.2% in the first quarter of 2018.

    1530 days ago
  • Finance Minister Nhlanhla Nene. PIcture: GCIS

    [LISTEN] Nene cautiously optimistic about SA's economic growth outlook

    'The Money Show’ interviewed Finance Minister Nhlanhla Nene, who tabled Treasury’s budget in Parliament on Tuesday.

    1549 days ago
  • Finance Minister Nhlanhla Nene tabling his budget in Parliament. Picture: @GovernmentZA/Twitter.

    Nene: Revenue-spending gap expected to reduce marginally in 2018

    Finance Minister Nhlanhla Nene says the gap between revenue and spending is expected to reduce marginally in 2018, while he was cautiously optimistic that economic growth would be higher than forecast.

    1550 days ago
  • FILE: Finance Minister Nhlanhla Nene. Picture: GCIS

    Nene says outlook for tax revenues unchanged

    Finance Minister Nhlanhla Nene said on Tuesday that the outlook for tax revenues remain unchanged.

    1550 days ago
  • FILE: Finance Minister Nhlanhla Nene. Picture: GCIS

    Nene: Union wage demands puts SA's spending cuts at risk

    The government and public sector unions representing teachers, nurses and the police have been locked in negotiations over wage increases since late 2017.

    1564 days ago
  • FILE: Finance Minister Nhlanhla Nene. Picture: GCIS

    Nene: 112 municipalities without cash to carry out services

    It means the municipalities won't have enough money to meet their expenditure when the financial year ends on 30 June.

    1564 days ago
  • FILE: An SAA aircraft. Picture: AFP

    Solidarity to announce strategy to rescue SAA

    The union has expressed concern over the state of the national carrier which lost almost R4 billion last year.

    1593 days ago
  • Picture: Supplied.

    [LISTEN] Sars fails to reach tax collection target

    Speaking to Talk Radio 702's Bongani Bingwa, Keith Engel of the South African Institute of Tax Professionals says Sars has been forced to revise its target.

    1598 days ago
  • Finance Minster Nhlanhla Nene and the SA Revenue Service's top management present the revenue collection figures on 2 April 2018. Picture: @sarstax/Twitter

    Slow consumer confidence linked to drop in VAT collection, says Sars

    Year-on-year growth for VAT has declined by 0.1%.

    1598 days ago
  • Finance Minister Nhlanhla Nene. Picture: GCIS

    Nene: It’s critical that taxpayers’ money used appropriately

    Sars collected R1,2 trillion, R700 million short of the target set by former Finance Minister Malusi Gigaba.

    1598 days ago
  • FILE: Nhlanhla Nene. Picture: GCIS.

    Nene: Sars to hold tax evaders accountable

    Finance Minister Nhlanhla Nene, along with acting national commissioner Mark Kingon, on Tuesday announced the tax collection for the 2017/2028 financial year.

    1599 days ago
  • FILE: Nhlanhla Nene. Picture: GCIS.

    ‘Taxpayers need full confidence in spending of tax revenue’

    The Finance Minister confirmed on Tuesday that the South African Revenue Services came close to meeting its collection target for the last financial year, raking in R1.216 trillion.

    1599 days ago
  • FILE: Nhlanhla Nene. Picture: GCIS.

    [LISTEN] Finance Minister Nene on Moody's stable outlook

    Finance Minister Nhlanhla Nene says it is important to take charge of the country’s agenda while ratings agencies and investors are beginning to view it positively.

    1607 days ago
  • FILE: Finance Minister Nhlanhla Nene. Picture: EWN

    Nene: Govt open to alternative ways of raising revenue

    Government is aiming to reduce expenditure by R26 billion in this financial year while raising R23 billion in revenue through an unpopular decision to raise VAT rate to 15%.

    1625 days ago
  • Finance Minister Nhlanhla Nene speaking at his first public event since being reappointed. He addressed a Fedusa gathering in Pretoria on 5 March 2018. Picture: Ihsaan Haffejee/EWN

    Nene: Govt will find ways to cushion VAT hike on poor

    Finance Minister Nhlanhla Nene has conceded that the one percentage point hike will hit poor households the hardest.

    1627 days ago
  • FILE: A nuclear power plant. Picture: Freeimages.com

    Nene: Energy Dept needs R1 trillion for nuclear plans

    Finance Minister Nhlanhla Nene confirmed that nuclear plans will remain on the table but will only be implemented at a pace the country can afford.

    1627 days ago
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