British lender Barclays Plc completes sale of seven per cent stake in Barclays Africa

British lender Barclays Plc completes sale of seven per cent stake in Barclays Africa
ALSO READ: Kenya to sell 10-year, 15-year Treasury bonds in December Barclays Bank Africa has a subsidiary in Kenya … the second most important subsidiary to Barclays Plc after the South African business in terms of profits and assets.
British lender Barclays Plc completes sale of seven per cent stake in Barclays Africa

Top Eastern Cape official allegedly passed R170m deal without Treasury approval

Top Eastern Cape official allegedly passed R170m deal without Treasury approval
The Eastern Cape government is under fire for allegedly approving the payment of more than R170m on broadband services in a deal that did not have the approval of the Treasury. The province wants to connect its departments with fast internet to improve …
Top Eastern Cape official allegedly passed R170m deal without Treasury approval

South Africa: ANC Govt Stole R330-Million From the Poor in Mandela's Name

South Africa: ANC Govt Stole R330-Million From the Poor in Mandela's Name
Only the people of South Africa have the power to stop corruption through the … Director-General and at the time of committing this crime the Head of the Provincial Treasury, Ms Marion Mbina-Mthembu. Ms Mbina-Mthembu’s name features more than 100-times …
South Africa: ANC Govt Stole R330-Million From the Poor in Mandela's Name

Why South Africa’s troubles lie beyond the ANC’s December conference

Why South Africa’s troubles lie beyond the ANC’s December conference
“(Since the Mid-term Budget Policy Statement), South Africa’s fiscal consolidation challenge has increased as the Treasury must now contend with a call from the Presidency for free tertiary education, estimated to cost around R50 billion per …
Why South Africa’s troubles lie beyond the ANC’s December conference

We Should Learn from South Africa's Failed Experiment in Higher Taxes

We Should Learn from South Africa's Failed Experiment in Higher Taxes
National Treasury has introduced various tax hikes over the past … writes that the country is in trouble. South Africa is in trouble. Per capita income has been in decline for several years and its economy is in recession for the second time in eight …
We Should Learn from South Africa's Failed Experiment in Higher Taxes

South Africa: History Explains Why South Africans On the Left Argue for Free Passes for the Rich

South Africa: History Explains Why South Africans On the Left Argue for Free Passes for the Rich
In a society like South Africa in which one racial group has dominated another … prompted a public controversy in which he was accused of wanting to bankrupt the Treasury for political gain. Although it later became clear that Zuma only wanted to …
South Africa: History Explains Why South Africans On the Left Argue for Free Passes for the Rich

Treasury comments on Steinhoff, backs FSB’s investigation

Treasury comments on Steinhoff, backs FSB’s investigation
As the regulator for capital markets in South Africa, the Minster supports the decision by the Financial Services Board, which it has conveyed to the National Treasury, that it has instituted an independent investigation into possible false and misleading …
Treasury comments on Steinhoff, backs FSB’s investigation

SA Job Losses: 135,000 Jobs Lost In South African Public Service

SA Job Losses: 135,000 Jobs Lost In South African Public Service
the Treasury said it was set to work out plan that could cut spending or tax increases of R40bn to strengthen the fiscus. Finance minister Malusi Gigaba stated while responding to the announcement by the S&P Global Ratings which cut South Africa’s local …
SA Job Losses: 135,000 Jobs Lost In South African Public Service

Many South Africans don’t know what state capture means or understand it

Many South Africans don’t know what state capture means or understand it
The seldom heard views of ordinary South African citizens around state capture, corruption and the role of government have been revealed in new research. Conducted by Ask Afrika and Infusion Knowledge Hub, who were commissioned by the Centre for …
Many South Africans don’t know what state capture means or understand it

World Health Organization commends South African parliament decision to pass tax bill on sugary drinks

World Health Organization commends South African parliament decision to pass tax bill on sugary drinks
In South Africa, WHO has been supporting the introduction of such taxes since it was proposed by the National Treasury in August 2016 together with many local and international academics and NGOs. To develop and raise awareness about the bill, a detailed …
World Health Organization commends South African parliament decision to pass tax bill on sugary drinks

State capture inquiry adjourned abruptly after Hawks attend unannounced

State capture inquiry adjourned abruptly after Hawks attend unannounced
Parliament’s inquiry into state capture adjourned abruptly Wednesday when the inquiry’s chairwoman Zukiswa Rantho said she felt distracted by the presence of members of the Hawks in the meeting room and that they wanted all her details. However, it …
State capture inquiry adjourned abruptly after Hawks attend unannounced

77% of South Africans have not heard of 'state capture' – survey

77% of South Africans have not heard of 'state capture' – survey
Researchers from the organisation Ask Afrika interviewed almost 3,000 people across a spectrum of ages and races to compile its report called The Nation’s Voice on State Capture and Corruption.” JOHANNESBURG – New research suggests that 77% of South …
77% of South Africans have not heard of 'state capture' – survey