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finance departmentlatest news & developments
Gigaba: If the funding for small businesses could be accessible
BUDGET

Gigaba budgets R2.1-billion for small business

Gigaba says that by enabling new businesses with new ideas to emerge and thrive, “we are radically transforming patterns of production in the economy”

  • Thulebona Mhlanga
2 min read
Malusi Gigaba says Standard & Poor’s downgrade of South Africa to junk status is a setback.
FINANCE DEPARTMENT

Medium term budget policy statement: If only Gigaba was credible

The fact that Gigaba runs at a credibility deficit, may just be what sways ratings agencies to downgrade South Africa to sub-investment grade.

  • Staff Reporter
5 min read
Limpopo rebels lashed as Gordhan rips into ‘sabotage’
CASSEL MATHALE

Limpopo rebels lashed as Gordhan rips into ‘sabotage’

Pravin Gordhan has put embattled Limpopo officials in their place amid claims that provincial saboteurs are undermining the central government’s work.

  • Sapa Afp
4 min read
BERNARD MEMBE

New Tanzanian Cabinet faces vast challenges

A new, leaner Cabinet for Tanzania was sworn in Wednesday, its predecessor having fallen apart last week amid a corruption scandal. President Jakaya Kikwete dissolved his last…

  • Sarah McGregor
4 min read
FINANCE DEPARTMENT

Govt faces R5-billion lawsuit after condom scandal

Three condom suppliers, the South African Bureau of Standards (SABS), Health Minister Manto Tshabalala-Msimang and Finance Minister Trevor Manuel face a R5-billion class-action…

  • Staff Reporter
1 min read