The Public Investment Corporation (PIC) has submitted a proposal to government, seeking to convert its bonds in Eskom into equity.
The Democratic Alliance (DA) has requested the Minister of Finance Tito Mboweni to establish an office for a Special Inspector-General tasked with preventing corruption in the distribution of COVID-19 relief funds.
Finance Minister Tito Mboweni will present a special budget adjustment on June 24 to make provision for additional spending due to measures to contain the spread of coronavirus.
Minister of Finance Tito Mboweni has slammed Democratic Alliance (DA) interim leader John Steenhuisen’s call for the coronavirus lockdown to be phased out.
South Africa is seeking to acquire R95 billion of funding to address the coronavirus social and economic crisis from global financial institutions.