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Money

SA turned down Zimbabwe request for $1.2 bln loan in December     

21 January 2019, 9:50 AM

South Africa turned down are quest from its southern African neighbour Zimbabwe for a $1.2billion loan in December, a spokesman for the finance ministry said on Monday.

Malusi Gigaba

I once called for SARS, Treasury inquiry: Gigaba

31 August 2018, 11:12 AM

Home affairs Minister Malusi Gigaba says during his tenure as Finance Minister, he called for a commission of inquiry into South African Reserve Service (SARS).

Govt guarantees not an ‘easy option’ to balance SOEs books: FFC

16 November 2017, 8:15 PM

The Financial and Fiscal Commission (FFC) says government guarantees should not be used as an “easy option” to balance the books of state-owned companies.

BLSA laments resignation of Treasury’s head Michael Sachs

14 November 2017, 10:11 AM

Business Leadership South Africa (BLSA) has lamented the resignation of the head of National Treasury’s budget office, deputy director-general Michael Sachs, saying that it was of “enormous concern”.

Money owed to municipalities escalates to R128 billion: Treasury

9 November 2017, 7:06 PM

The National Treasury says municipal debt owed by households, commercial entities as well as state organs has escalated to R128 billion.

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