Finance Minister receives SAA’s CEO submission
Finance Minister Malusi Gigaba has received the South African Airways (SAA) submission on who should be its next Chief Executive Officer. “Having followed due process the SAA board has made a submission to me and stated their preferred candidate,” Minister Gigaba said on Thursday. This as the Minister briefed... Read more
Action plan to reignite confidence in economy
Finance Minister Malusi Gigaba on Thursday unveiled details of an inclusive economic growth action plan, which is set to inspire confidence in the country. “The programme we are presenting today is drawn from our engagements with the rating agencies, domestic and international investors, the technical... Read more
Bold decisions needed for SA to achieve 6% growth
If South Africa is to achieve 6% growth, extraordinary bold decisions that change the economy must be made, says Finance Minister Malusi Gigaba. “If we must rebound from a low growth trajectory into which we currently are in; if we must grow our economy at 6% on a sustainable... Read more
Finance Minister to take Public Protector report on review
Finance Minister Malusi Gigaba is to take the Public Protector’s report relating to Absa and the Reserve Bank on review. “The Minister of Finance, Malusi Gigaba, has instructed counsel to institute review proceedings for the review and setting aside of the findings, remedial action and the entire report of... Read more
Finance minister gazettes provisions of FICA Act
Finance Minister Malusi Gigaba has signed and gazetted the coming into operation of various provisions of the Financial Intelligence Centre Amendment (FICA) Act, 2017. The FIC Amendment Act was signed into law by President Jacob Zuma on 26 April 2017 and gazetted on 2 May 2017. However, the determination... Read more
Communications Minister Ayanda Dlodlo says the South African Broadcasting Corporation (SABC) has imposed a number of cost-cutting measures in a bid to improve its financial position as the public broadcaster buckles under financial strain. The Minister said this when she answered questions that were posed to the Economic Cluster... Read more
Africa must trade with itself: Minister Gigaba
  AS THE World Economic Forum on Africa (WEFA) draws to an end on Friday, South Africa’s Finance Minister Malusi Gigaba has argued that Africa should, more than ever before, trade among themselves. Minister Gigaba says Africa must boost its intra-regional trade and identify new emerging markets within the... Read more
Invest in Africa: Finance Minister
With the African continent continuing to battle poor infrastructure, Africa must mobilise domestic savings and capital markets to invest in deals on the continent, says Finance Minister Malusi Gigaba. “Africans must not expect others to invest in what we ourselves, are not ready to invest in. Our capital resources... Read more