High revenue to narrow widening budget deficit
Johannesburg- The National Treasury says it will use the higher-than-expected revenue collection to reduce the budget deficit. “During 2021, the economy has recovered... Read more.
Treasury projects 5.1% GDP growth
Johannesburg- The National Treasury has projected the country’s economy to grow by a rate of 5.5 % in 2021. Tabling the Medium Term Budget Policy Statement on... Read more.
Treasury projects inflation to reach 4.5%
Johannesburg – Inflation is expected to rise to 4.5 % in 2021 due to pressures from food and energy prices, the National Treasury said on Thursday. Tabling... Read more.
Finance Minister avails R2.3 billion to assist business affected by unrests
Johannesburg – The National Treasury has availed R2.3 billion in the current financial year to assist in rebuilding businesses affected by the Covid-19 third... Read more.
Government to review personnel spending to reduce public service wage bill
Johannesburg – The Department of Public Service and Administration will continue to review the increasing public sector wage bill as the government aims to... Read more.
SAA, Mango working to find sustainable solutions
Johannesburg- South African Airways (SAA) says it is working Mango Airlines and its business rescue practitioner to resolve the challenges facing the low cost airline.... Read more.
Watch live: Finance Minister Enoch Godongwana delivers MTBPS
Johannesburg – South Africa’s new Minister of Finance, Enoch Godongwana is delivering his first Medium Term Budget Policy Statement (MTBPS) in Parliament... Read more.
Eskom downgrades loadshedding to Stage 2
Johannesburg- Eskom CEO Andre de Ruyter says the power utility will reduce load shedding to Stage 2 today and he expects load shedding to be completely lifted... Read more.
Economists anticipate no surprises from 2021 MTBPS
Johannesburg- Fiscal and critical policy considerations are expected to be the order of the day when Finance Minister Enoch Godongwana delivers his first Medium... Read more.
Post Office warns against sending prohibited items in the mail
Johannesburg – The South African Post Office (SAPO) has warned customers against posting prohibited items overseas as it delays outgoing mail dramatically.... Read more.
