Tag ArchivesNational Treasury

Dondo Mogajane

BRICS New Development Bank confirms appointment of SA representatives

The BRICS New Development Bank (NDB) has confirmed that Mr Dondo Mogajane, Director-General of the National Treasury has been appointed as the new Director representing South Africa. This follows the expiration of Mr Tito Mboweni’s term of service as Director of the NDB in early July. (more…)

Read full story
Minister Malusi Gigaba

New CEO for SAA: Treasury

Vuyani Jarana has been appointed South African Airways Chief Executive Officer, the National Treasury said in a statement this afternoon. (more…)

Read full story
Minister Malusi Gigaba

Malusi Gigaba – Man with a Plan

Today MoneyMarketing attended the media briefing at which our Minister of Finance, Malusi Gigaba, introduced government’s inclusive economic growth action plan. (more…)

Read full story
story-1

Government uses disaster funds for SAA bailout

“Government has decided to transfer funds from the National Revenue Fund (NRF) to South African Airways to allow the airline to pay back its debt to Standard Chartered Bank thereby avoiding a default,” last Saturday’s statement from the National Treasury said. (more…)

Read full story
ratingdowngradejune14f

Moody’s downgrades SA to Baa3 and assigns negative outlook

Moody’s Investors Service, late last night, downgraded the long-term issuer and senior unsecured ratings of the Government of South Africa to Baa3 from Baa2 as well as the senior unsecured Shelf and MTN program ratings to (P)Baa3 from (P)Baa2, and assigned a negative outlook. (more…)

Read full story
Dondo Mogajane

Mogajane appointed Treasury DG

National Treasury has congratulated Mr Dondo Mogajane on his appointment as the department’s new Director-General. (more…)

Read full story
money-1

Deposit insurance scheme for SA proposed

The South African Reserve Bank (SARB) and the National Treasury have proposed a deposit insurance scheme for South Africa. The SARB has published, for public comment, a discussion paper titled “Designing a deposit insurance scheme for South Africa”. The discussion paper, aimed at soliciting views on the design features of such a scheme, is complementary […]

Read full story
Treasury

Tech difficulties affecting Retail Savings Bonds receiving attention: NT

National Treasury (NT) would like to assure RSA Retail Savings Bonds investors that technical difficulties that are currently affecting Retail Savings Bonds, including the helpline, queries, emails and website, are urgently receiving attention. (more…)

Read full story
This year’s Africa Property Investment (API) Summit & Expo, held at the Sandton Convention Centre on 24 and 25 August 2017, will unpack and examine the latest in developments and potential opportunities for the African real estate sector. Read more