News

The mayor of Johannesburg, Dada Morero has come under fire for poor management of the municipality's coffers. Finance ...
Minister of Finance Enoch Godongwana has given Dada Morero 14 days to explain how he plans to fix the city’s finances.
Johannesburg’s mayor has been asked to explain how South Africa’s richest city will recoup 24.4 billion rand ($1.4 billion) ...
The situation has become so dire that Godongwana sent a strongly worded letter to Morero on July 30, reprimanding the mayor ...
Minister of Finance Enoch Godongwana threw shade on the SA Reserve Bank’s (Sarb) 3% inflation target announced last week – ...
Finance Minister Enoch Godongwana was responding to a written parliamentary question on how far he’d gone in appointing an ...
South Africa's Finance Minister Enoch Godongwana said on Friday that an expectation had been created that he would announce a ...
“If Treasury pulls back or suspends these funds, as the minister warns in his letter, the city’s ability to deliver the ...
Johannesburg's finances are in crisis, with over R24-billion in irregular, wasteful and unauthorised spending reported. If the mayor fails to act in 14 days, the Treasury may cut funding, which could ...
More than three years ago, South African Air Force (SAAF) firefighters lost their technical competency-based incentive pay (TCIP) due to what the SA National Defence Union (Sandu) called “a military ...
The Minister of Finance, Mr Enoch Godongwana, would like to provide clarity on the most recent announcement by the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) that it has ...
The Reserve Bank’s unilateral decision to lower its inflation target—bypassing the finance ministry—shocked analysts, and ...