Safety has been prioritised by the Western Cape in its 2020 budget, with R4-billion allocated for this purpose in the medium term. Specifically, R1.1-billion will be used over the medium term to... 

Prestige Bullion, a joint venture between the South African Mint and precious metals smelter Rand Refinery, will produce a new range of platinum coins, suited to retail investors, this year. This... 

African equity capital market (ECM) activity declined sharply in 2019 both in volume, by 29%, and value, by 44%, compared with 2018. Professional services firm PwC on Thursday reported in its... 

Real estate investment trust (Reit) Attacq on Tuesday announced an 11.1% increase to its interim dividend to 45c a share, which positions the group to deliver at the upper end of its full-year... 

With what it believes was the most difficult National Budget since the dawn of democracy in South Africa, business organisation Business Leadership South Africa (BLSA) says Finance Minister Tito... 

Finance Minister Tito Mboweni said on Wednesday that a Congress of South African Trade Unions proposal to transfer some of Eskom's debt to State-asset manager the Public Investment Corporation,... 

South Africa's 2020 budget review highlights the severe deterioration underway in public finances and the long-term policy challenge of stabilising government debt, ratings agency Fitch said.... 

Higher Education, Science and Technology Minister Dr Blade Nzimande has welcomed the allocations made to his departments (Higher Education and Training, and Science and Innovation) in the 2020... 

The Minerals Council South Africa on Wednesday said it believed Finance Minister Tito Mboweni has taken important steps to address South Africa’s economic crisis, building on the direction from... 

Creamer Media’s Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about highlights from Finance Minister Tito Mboweni’s 2020 Budget Speech and whether enough has been done to stave... 

Over the next three years, the Development Bank of Southern Africa (DBSA) will package blended finance megaprojects of at least R200-billion, while government has committed R10-billion for such... 

The National Treasury on Wednesday confirmed that government was preparing to publish an environmental fiscal reform review paper. The paper will explore the potential for new environmental taxes... 

Contingent liabilities, which are mainly guarantees to State-owned companies (SOCs) are projected to reach R979.9-billion on March 31, 2020. According to Finance Minister Tito Mboweni, who tabled... 

A total of R157-million has been committed to projects within South Africa’s Jobs Fund in this year’s National Budget, which was delivered by Finance Minister Tito Mboweni on Wednesday. However,... 

Finance Minister Tito Mboweni on Wednesday announced the formation of the South African Sovereign Wealth Fund, which would target a capital amount of about R30-billion. Given the legal,... 

Finance Minister Tito Mboweni stuck doggedly to the expenditure-reduction framework first outlined in October, announcing cuts of R156-billion relative to the 2019 Budget baseline for the coming... 

Strengthening the South African Revenue Service will remain one of government’s top priorities for this year. Finance Minister Tito Mboweni emphasised that building a capable State that serves... 

Finance Minister Tito Mboweni announced on Wednesday that R16.4-billion would be allocated to South African Airways over the medium term to “repay the airline’s guaranteed debt and to cover... 

With a weak economic outlook characterised by a real gross domestic product that is expected to grow at 0.9% in 2020, 1.3% in 2021 and 1.6% in 2022, South Africa is in dire need of far-reaching... 

The Congress of South African Trade Unions (Cosatu) has threatened to strike and "collapse" the public service if government does not honour the current public service wage agreement, Cosatu... 

South African public sector union the National Education, Health and Allied Workers' Union (Nehawu) said on Wednesday that the government wanted to review a three-year wage deal with public sector... 

In what has been the longest economic downturn for the country since 1945, it has become necessary for government to consider alternative strategies and change various policies to allow business to... 

Taking South Africa’s weak fiscal position and the scrutiny of ratings agencies into account, along with the country’s deteriorating economic outlook and the negative impact thereof on revenue... 

The 2020 State of the Nation Address (SoNA) came at “a crucial time” for South Africa, which is faced with a stagnated economy defined by challenges such as lack of capacity in State-owned... 

The mining and metals and engineering sectors have mostly welcomed President Cyril Ramaphosa’s plans around energy and infrastructure, following his State of the Nation Address (SoNA) on Thursday... 

This year, the South African Mint (SA Mint) will commemorate the Chinese horoscope’s sentiment for 2020, aligning the designs of some of its prized collectable coins with “The Year of the Metal... 

Finance minister Tito Mboweni has asked South Africans to send him their ideas on how to grow the country's ailing economy.  Mboweni will deliver the 2020 national budget speech on February 26 and... 

The Gauteng Provincial Government (GPG) has revised its expenditure for the 2019/20 financial year ending March 31, 2020, upwards by R443-million, increasing the yearly provincial budget to... 

With the capital cost of the Lake Charles Chemicals Project (LCCP) in May forecasted as $12.9-billion, as opposed to the initial $12.6-billion forecast in February, Petrochemical producer Sasol’s... 

Further tax hikes will not be helpful in raising revenue, as intended, the Financial Fiscal Commission warned. The commission, which is a constitutional body that advises all organs of state on... 

After spending almost three-quarters of a billion rand on the three parliamentary villages, its upkeep and transport the past 10 years, the Department of Public Works is planning another project,... 

Creamer Media’s Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the deterioration in South Africa’s public finances, what Tito Mboweni said in his Medium-Term Budget Policy... 

Cannon Asset Managers founder and CEO Dr Adrian Saville believes the upcoming Medium-Term Budget Policy Statement (MTBPS) might be the most important one for South Africa yet. With a resurgence... 

The Gauteng departments of Health, Education and Infrastructure Development have driven the Gauteng Provincial Government’s collective 97% spend of its total adjusted budget for the 2018/19... 

Minister of Finance Tito Mboweni will this year present his Medium-Term Budget Policy Statement on October 30, about a week later than is the norm.  National Treasury and the chairperson of the...