The National Treasury has resolved not to hike the general fuel levy and the Road Accident Fund levy for the first time in 31 years to cushion hard-pressed consumers from soaring petrol prices. This was announced by finance minister Enoch…
A senior National Treasury official has described the conduct of the Guptas and other companies who looted public funds as “treason” and says the government will stop at nothing to ensure their imprisonment. National Treasury deputy…
SA’s state-owned insurance company Sasria is in talks with National Treasury for a larger bailout than the R3.9bn already promised, its MD told a parliamentary committee on Wednesday. Sasria, the only insurer covering political violence…
Lilian Ngoyi Street is awash in red as union members march from Burgers Park to the National Treasury in Pretoria. A sizeable protest is also under way in Cape Town as marchers prepare to hand over a memorandum at the Western Cape…
Eskom has failed to meet some of the conditions attached to the R59bn it received from the government last year to service its debt through the special appropriation bill. This has been disclosed to parliament by the National Treasury’s…
State entities, including the SABC, Denel, Airports Company SA (Acsa) and the Post Office, have requested billions of rand in funding from the taxpayer to help them weather the coronavirus storm, says the National Treasury. In a…
President Cyril Ramaphosa’s office has spent R1.45m on Covid-19 supplies, of which nearly R38,000 came from petty cash. This is according to figures the National Treasury released on Wednesday. Ramaphosa said the release of the purchases…
The Ndlambe council met on Tuesday afternoon via digital conferencing on Microsoft Teams. South Africa Municipal Workers Union (Samwu) and the Independent Municipal and Allied Workers Union (c) established a collective bargaining…
The National Treasury has granted a request by the alcohol industry for a deferment of excise tax on liquor. Alcohol industry spokesperson Sibani Mngadi said in a statement on Tuesday that the Treasury had proposed a 90-day suspension for…
The International Monetary Fund (IMF) has agreed to a nearly R70.6bn loan to SA. In a statement on Monday night, the National Treasury announced that the IMF’s board had approved the government’s request for “emergency financial support”…
