A national treasury official received training in nuclear finance, sponsored by South Korea, at an estimated cost of R500 000 in the 2014/2015 financial year. This information listed among others in national treasury’s 2014/2015 annual report contradicts claims by finance
Browsing: Nhlanhla Nene
The government has sold its 13,91% stake in Vodacom to the Public Investment Corporation to help fund the R23bn allocation to Eskom, national treasury said in a statement on Wednesday. The national
The rapid growth of the digital economy has meant that tax laws in South Africa, and worldwide, have not been able to keep pace. Nevermind online purchases – the problem is figuring out how to tax services companies such as Facebook and Google
The lack of sufficient electricity is the most binding constraint to production and investment in South Africa, finance minister Nhlanhla Nene has acknowledged to MPs. In reply to a written
Going the route of prepaid power for both corporates and households in South Africa could do wonders for Eskom’s balance sheet, the power utility’s acting CEO Brian Molefe told a media briefing
Eskom’s electricity tariffs may increase by 25,3% from 1 April for its direct customers and 1 July for municipal customers if an application to the national regulator is approved. The increase has the full support of government’s war room. It is aimed at paying Eskom’s
Roads agency Sanral on Thursday welcomed Finance Minister Nhlanhla Nene’s endorsement of the e-tolling system in Gauteng. Delivering his budget speech in parliament on Wednesday, Nene said the toll tariffs would be adjusted downwards, but government
E-toll tariffs will be adjusted downwards but government remains committed to the principle of road users funding improvements to keep roads agency Sanral solvent, the national treasury said on
Taxpayers, except those in the lowest tax bracket, will see a slight dent in their pay packets from 1 April, finance minister Nhlanhla Nene announced on Wednesday. “Personal income tax rates will
In addition to a R23bn lifeline to Eskom, government may also convert its subordinated loan to the embattled electricity supplier to equity, the national treasury said as finance minister Nhlanhla Nene