finance minister

Power Station and Eskom exemption withdrawn

Minister of Finance temporarily withdraws Eskom’s exemption

By Daanyaal Matthews Political parties, civil organizations, and analysts were up in arms at the news that Minister of Finance, Enoch Godongwana, had issued an exemption to Eskom, through a government gazette, that would see the energy giant exempt from reporting financial irregularities in its annual financial report. This exemption[…]

Read »

All eyes on Godongwana ahead of his Medium-Term Budget speech

Finance minister Enoch Godongwana will on Wednesday deliver the Medium-Term Budget Policy Statement (MTBPS) under a very difficult economic environment facing the country. The country and markets are anticipating resolutions around the Public Sector Wage Bill and Eskom’s debt burden amongst others. The biggest expectation will be the Basic Income Grant[…]

Read »

Mboweni puts to rest rumours he may resign

Finance Minister Tito Mboweni has responded to suggestions he may resign with a tweet saying he was staying put in his post and working to fix South Africa’s flagging economy. “There is a malicious rumour that I have resigned. It is untrue,” Mboweni posted on his Twitter account late on[…]

Read »

Analysis of finance minister’s mid-term budget speech

Yesterday finance minister, Pravin Gordhan, delivered the much anticipated mid-term budget speech at Parliament, amid chaotic clashes between police and protesting #FeesMustFall students. The speech follows a raft of charges relating to the embattled minister’s tenure at the South African Revenue Service (SARS), for which he will appear in court[…]

Read »

SA finances are in good hands: Gordhan

Finance Minister Pravin Gordhan says he hopes to give South Africans the assurance that the State’s finances are in good hands when he presents his medium-term budget next week. This is seen as the latest indication from Gordhan that he expects to remain in his post, despite a fraud charge[…]

Read »

Gordhan speaks out on arrest reports

Finance Minister Pravin Gordhan says reports of his alleged imminent arrest have been extremely distressing for him and his family. He said in a statement on Tuesday that he was not aware of any charges or further investigations until the reports surfaced over the weekend. The Sunday Times reported at[…]

Read »
WhatsApp WhatsApp us
Wait a sec, saving restore vars.