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Government to monitor SOEs

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Cape Town - Government is closely monitoring four state-owned companies (SOEs) with the aim of not only stabilising them but mitigating any risks they could pose to public finances, Finance Minister Pravin Gordhan said on Wednesday.

New grant to support social worker graduates

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Cape Town - A new conditional grant to support the employment of social worker graduates from the national scholarship programme will be introduced next year, National Treasury said on Wednesday.

Infrastructure investment remains a priority

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Cape Town - In line with the National Development Plan, investment in infrastructure remains a policy priority with public-sector infrastructure investment plans totalling R987.4 billion over the medium term.

Roadmap needed to finance higher education

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Cape Town - A roadmap to finance the study costs of poor and working class students is needed to address the ongoing university fees protests across the country, government said on Wednesday.

R553m allocated towards drought relief

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Cape Town – Government will over the next three years provide an additional R553.3 million towards drought relief efforts, National Treasury said on Wednesday.

Departmental operating budgets to be cut by 1.1%

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Cape Town – As economic growth remains subdued with a cap imposed on the expenditure ceiling, government departments would be asked to reduce their operating budgets to avail funds for critical areas of spending.

Treasury proposes stringent measures to bolster growth

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Cape Town - Finance Minister Pravin Gordhan says National Treasury will take a measured consolidation approach in order to create conditions that will set the country on a path of rapid economic growth.

SA's net exports on the rise

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Cape Town – South Africa’s net exports and the current account exports grew by 3% in the second quarter of 2016 compared with the same period in 2015.

Inflation forecast to dip to 6.4%

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Cape Town – South Africa’s inflation has been forecast to dip to 6.4% for the remainder of 2016, the National Treasury said on Wednesday.

President sends good wishes to Class of 2016

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Pretoria - President Jacob Zuma has sent good wishes to all Grade 12 learners across the country as they commence their 2016 National Senior Certificate (NSC) final examinations on Wednesday.