South Africa

Pretoria - The South African Police Service (SAPS) has dispelled rumours that students who were protesting outside Parliament have been charged with treason.

2015 Medium Term Budget Policy Statement Speech by Minister of Finance Nhlanhla Nene

Pretoria - President Jacob Zuma will meet with the management and leadership of universities as well as student leaders on Friday to discuss the stalemate regarding university fee increases.

Cape Town – National Council of Provinces Chairperson, Thandi Modise, says the events that unfolded in the Parliamentary precinct on Wednesday were "regrettable".

Pretoria - National Treasury has revised downwards South Africa’s economic growth to 1.5%.

Pretoria – State-owned companies continue to roll out infrastructure, National Treasury’s 2015 Medium Term Budget Policy Statement (MTBPS) has shown.

Pretoria - At least R200 million has been set aside for the preparatory work of including nuclear energy in the country’s energy mix, Finance Minister Nhlanhla Nene said.

Pretoria - While there is little room for new spending priorities over the next three years, government has proposed to allocate additional resources to core areas of need.

Cape Town – Government is developing a capital budget framework with the aim of improving its project management skills, planning and capacity shortfalls within the public sector, the National Treasury said on Wednesday.

Pretoria - While challenges remain, the lives of many South Africans have continued to improve, said the National Treasury on Wednesday.

Cape Town – Finance Minister Nhlanhla Nene says National Treasury has increased social grants by R10 to bring it in line with long-term inflation.

Cape Town – Government has allocated billions of rands towards programmes that will support businesses, competitiveness and skills and development.

Cape Town - Finance Minister Nhlanhla Nene says over the next three years, the division of revenue across the various spheres of government will be biased to strengthening front service staff.

Cape Town – Finance Minister Nhlanhla Nene says cost containment measures that government announced in 2013 have led to a reduction in government consumption.

Cape Town – In a bid to improve spending on goods and services, government will roll out public procurement reforms over the next three years.