Presidential Task Team to stabilise rising national debt
A team of Cabinet Ministers has been brought together to come up with solutions aimed at stabilising debt over the next three years, the National Treasury said on Wednesday. In the Medium Term Budget Policy Statement, which Finance Minister Malusi Gigaba tabled in the National Assembly on Wednesday, National... Read more
Growth projection revised down to 0.7%
Finance Minister Malusi Gigaba says National Treasury has revised economic growth projections downwards to 0.7% for 2017. The Minister said this not long after the country’s economy slipped out of a technical recession that was brought about by a -0.7% slump in the first quarter of 2017  after dwindling... Read more
Finance Minister to table his first mini-budget
Finance Minister Malusi Gigaba will this week table his maiden Medium Term Budget Policy Statement (MTBPS) in Parliament. Appointed to head National Treasury following President Jacob Zuma’s Cabinet reshuffle in March, Minister Gigaba is set to deliver the MTBPS, also known as the mini-budget, in the National Assembly on... Read more
Dondo Mogajane is the new acting Director General of National Treasury. In a statement on Monday, the Ministry of Finance announced Mogajane’s appointment following the last day of notice to be served by Lungisa Fuzile. Finance Minister Malusi Gigaba extended appreciation and gratitude to the outgoing Director General Lungisa... Read more