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South African president Cyril Ramaphosa addresses a recent investment summit. Flickr.com/GovernmentZA

Did South Africa’s investment summit mark a game-changing moment?

To some observers, South Africa’s recent investment summit led by the president Cyril Ramaphosa, seemed like much ado about nothing. Several of the projects...
Fitch affirms Eskom credit rating

Fitch affirms Eskom credit rating

Eskom on Friday said Fitch Ratings’ decision to affirm its BB- credit rating is a result of measures it has put in place to...
South Africa needs to create more jobs - but there's no clarity on how this might happen. Nic Bothma/EPA

South Africa’s jobs summit failed to tackle the hard issues

South Africa recently hosted a Jobs Summit that brought key stakeholders –government, business and labour – under one roof to find better ways of...

Mini budget highlights difficult economic and fiscal choices – Mboweni

Did the Minister provide more detail around the economic stimulus package? source Read more at Moneyweb South Africa Today - South Africa Economy
Budget deficit widens to 4.3 percent

Budget deficit widens to 4.3 percent

The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher...
South Africa's Finance Minister Tito Mboweni must walk a fiscal tightrope. GovernmentZA/Flickr

Government reprioritises money from unspent funds

The National Treasury will reprioritise money from unspent funds and tap into the contingency reserve to recapitalise the South African Airways, SA Express and...
South Africa's Finance Minister Tito Mboweni must walk a fiscal tightrope. GovernmentZA/Flickr

South Africa’s new finance minister postpones tough decisions

South African finance minister Tito Mboweni’s 2018 medium-term budget policy statement brought no surprises. Standing before the National Assembly on Wednesday 24 October, Mboweni...
R500m to recruit health professionals, buy beds and linen

R500m to recruit health professionals, buy beds and linen

Government will reprioritise funds to make R350 million available to recruit new health professionals, says Finance Minister Tito Mboweni. The Minister tabled the Medium Term...
South Africa: Government to reign in public service spending

South Africa: Government to reign in public service spending

Government will maintain its expenditure ceiling and contain the public service compensation budget as a push is made to retain fiscal discipline, the National...
Sanitary pads, white bread flour to be added to VAT free items

Sanitary pads, white bread flour to be added to VAT free...

Finance Minister Tito Mboweni says government proposes that come April 2019, three items, including sanitary pads, will be added to the zero-rated list. Earlier this...
South Africa: Treasury projects R27.4bn shortfall

South Africa: Treasury projects R27.4bn shortfall

National Treasury says South Africa is at a crossroads, as revenue is projected to fall short of the budgeted estimate by R27.4 billion this...
Have your say on the Medium Term Budget

Have your say on the Medium Term Budget

Finance Minister Tito Mboweni has invited South Africans to make inputs on what they would like to see reflected in the Medium Term Budget...