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SA participates in 334th ILO session

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Labour Minister Mildred Oliphant is leading a South African delegation to the 334th Session of the International Labour Organization (ILO) Governing Body underway in Geneva.

Dirco celebrates UN’s 73rd anniversary

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The Department of International Relations and Cooperation (Dirco) has hailed the United Nations for standing as a symbol of unity for the world - to promote peace and security, human rights and development.

Treasury projects R27.4bn shortfall

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National Treasury says South Africa is at a crossroads, as revenue is projected to fall short of the budgeted estimate by R27.4 billion this year.

Government reprioritises money from unspent funds

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The National Treasury will reprioritise money from unspent funds and tap into the contingency reserve to recapitalise the South African Airways, SA Express and the Post Office.

Government reigns in public service spending

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Government will maintain its expenditure ceiling and contain the public service compensation budget as a push is made to retain fiscal discipline, the National Treasury said on Wednesday.

Budget deficit widens to 4.3%

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The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher than the 2018 Budget estimate of 3.8%.

Attacks on Auditor General staff condemned

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Minister of Cooperative Governance and Traditional Affairs (Cogta) Dr Zweli Mkhize has condemned attacks and acts of intimidation on staff of the Auditor-General of South Africa (AGSA).

Reforms to boost the economy

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Government on Wednesday announced the proposed reprioritisation of R32.4 billion over the next three years as part of reforms to boost the South African economy.

Growth outlook revised downwards

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South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday.