Treasury
Treasury: Inability to give Land Bank R20bn loan not a sign of poor commitment
The bank’s in dire financial straits and defaulted on repaying R50 billion in loans in April.
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Treasury ready to table Special Adjustment Budget by 24 June
Finance Minister Tito Mboweni has urged Parliament to pass the Budget legislation he tabled in February as soon as possible, because until this is done, a revised Budget cannot be tabled.
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Mboweni: I lost the debate on alcohol and cigarette sales
President Cyril Ramaphosa last week said cigarettes would be on sale from 1 May, but this was rolled back when COGTA Minister Nkosazana Dlamini-Zuma said the ban would remain in place.
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Treasury to replace COVID-19 disaster management procurement strategy
It said with South African companies stepping up to help supply products to fight COVID-19, it was committed to ensuring fair and transparent processes.
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Mogajane: IMF loan would come with 1% interest
This comes after President Cyril Ramaphosa said that a R500 billion stimulus package was being made available by government to help the country through the COVID-19 pandemic.
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LIVE BLOG: Social grant top ups a temporary measure not permanent - Mboweni
Finance Minister Tito Mboweni will on Friday afternoon provide details on the R500 billion COVID-19 economic relief packages announced by President Cyril Ramaphosa earlier this week.
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Treasury briefs Parly on tax relief measures for citizens, businesses
The Draft Disaster Management Tax Relief Bill contains the latest proposed amendments in regard to tax relief measures to soften the economic blow caused by the COVID-19 pandemic.
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Report on Eskom rescue plan to be finalised by end of March - Presidency
This follows a meeting between government, labour and business at the National Economic Development and Labour Council (Nedlac)’s monthly meeting on the jobs summit agreement.
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RAF earmarked as one of the risks that could further widen budget deficit
Treasury said that over the past 20 years, increases of the RAF levy had typically exceeded inflation yet the liabilities of the fund had grown at a faster pace.
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CDE calls on govt to present coherent plan to deal with public expenditure
Finance Minister Tito Mboweni is scheduled to table the Budget on Wednesday in Parliament.
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Unions 'worried' about job cuts at SAA if R2bn bailout not received
The national carrier announced on Tuesday it had cancelled some domestic and international flights due to low demand and to save money.
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Public Enterprises Dept in talks with Treasury over SAA bailout
It emerged last week that government had failed to honour the payment, which was part of an agreement reached when the national airline was put under business rescue.
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Stats SA’s financial woes won’t affect our work: Maluleka
Statistician-General Risenga Maluleka made the remarks while delivering the country's GDP numbers for the third quarter, which showed a contraction of 0.6%.
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Unicef: Billions spent on SA govt debt will hurt children’s programmes
Unicef’s South African representatives on Friday made submissions to Parliament, which held public hearings on the 2019 Adjustments Appropriation Bill and Medium-Term Budget Policy Statement.
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Troubled SAA desperately needs cash injection
It’s up to Treasury and the Public Enterprises Department to decide on a lifeline for the airline which has managed to fly out of a recent strike but not out of its financial woes.
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Call for taxes to be lowered, rather than increased for economy's sake
Saica is making submissions in Parliament during public hearings on the Mid-Term Budget Policy Statement unveiled last week by Finance Minister Tito Mboweni.
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Cosatu irritated by Treasury's attacks on public servants' right to living wage
The trades union federation is among a string of organisations, lobby groups and economists making submissions on the Mid-Term Budget Policy Statement at Parliament.
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Eskom a step closer to receiving R59bn bailout, Mboweni says issue beyond money
Finance Minister Tito Mboweni said the correct people needed to be appointed to Eskom’s board and management, and that the government must then be in a position to hold them accountable for Eskom’s operations.
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EXCLUSIVE: Ipid closed cases prematurely to attract funding
A probe by investigative unit Viewfinder and Eyewitness News revealed that some of the cases that are alleged to have been closed without proper investigation include those of rape, death as a result of police action and death in police custody.
