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Despite the strain that the roll-out of Covid-19 vaccinations is placing on the fiscus, industry body Consulting Engineers South Africa (Cesa) believes that it needs to be prioritised in concert...
Speciality compound producer Continental Engineering Compounds has invested R25-million in building a new specialised production line at its Westmead factory, in KwaZulu-Natal. The added capacity...
KwaZulu-Natal Finance MEC Nomusa Dube-Ncube has promised that her department will move with speed to implement, in line with the national plan, the Provincial Economic Reconstruction and Recovery...
Sovereign governments worldwide are set to borrow $12.6-trillion from commercial debt sources this year, a report by ratings agency Standard & Poor’s (S&Ps) Global Ratings shows. S&P Global...
The South African Revenue Service (Sars) is establishing a separate unit – the High Wealth Individual Taxpayer Segment (HWI) – to focus on individual taxpayers with wealth and complex financial...
Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about Finance Minister Tito Mboweni's 2021 Budget, which included a focus on the importance of the Covid-19 vaccine...
In his February 13 State of the Nation Address (SoNA), President Cyril Ramaphosa highlighted factors that will serve to lift the economy, tackle Covid-19 and boost ailing electricity...
The Consulting Engineers South Africa (Cesa) theme for this year is: Rebuilding with purpose. This is aimed at encouraging the engineering and construction sectors to pursue the rebuilding of the...
With South Africa’s fiscus placed under immense strain as government attempts to combat the effects of the pandemic, South African Institute of Civil Engineering (Saice) CEO Vishaal Lutchman fears...
The Special Investigating Unit's (SIU's) work has resulted in the recovery of R127-million of funds, which had been paid irregularly by the State to service providers of personal protective...
South Africa’s National Treasury will probably keep the levels of its bond auctions constant until the end of the fiscal year, even with domestic-debt issuance running ahead of target. The Treasury...
The Covid-19 pandemic is providing a good socioeconomic testing ground for the newly rolled-out District Development Model (DDM), with its One Plan, One Budget strategy expected to alleviate...
The World Economic Forum (WEF) will convene its 2021 Special Annual Meeting in Singapore from May 13 to 16; and return to Davos-Klosters, in Switzerland, for the 2022 edition. The change in...
Various government departments have commenced with the rollout of President Cyril Ramaphosa’s plan to protect and create jobs as part of his emergency relief package that has been mobilised in the...
With economic uncertainty levels reaching an all-time high, it is necessary to find creative and resilient ways to reduce budgets while boosting the bottom line. Preventive maintenance is often one...
To restore and boost investor and consumer confidence in South Africa, Business for South Africa (B4SA) is requesting certainty from government that there will not be another “hard economic...
National Treasury has appointed Olano Makhubela interim commissioner of the Financial Sector Conduct Authority (FSCA) for a period of three months starting November 6. He is currently the...
The Covid-19 pandemic has heightened the focus on climate change and financial instruments that promote sustainable economic development, Standard Bank group CEO Sim Tshabalala noted in the latest...
The Economic Reconstruction and Recovery Plan tabled by President Cyril Ramaphosa in October, provides an opportunity to build a better structured economy, reports South African Institution of...
State-owned development finance institution Development Bank of Southern Africa (DBSA) is looking to accelerate playing a meaningful role in the economic recovery of the country by assisting in...
Creamer Media's Chanel de Bruyn speaks to Creamer Media Editor Terence Creamer about the new fiscal framework presented by Finance Minister Tito Mboweni during his Medium-Term Budget Policy...
This week is an important one in that South Africa’s Medium-Term Budget Policy Statement (MTBPS) will be presented by Finance Minister Tito Mboweni on October 28, having the potential to support a...
In an open letter from Business Leadership South Africa (BLSA) addressed to Finance Minister Tito Mboweni, the organisation asks that the Medium Term Budget Policy Statement (MTBPS) "aggressively...
Finance Minister Tito Mboweni has asked for an extended timeframe to table the 2020 Medium Term Budget Policy Statement. The Speaker of the National Assembly acceded to the request for the Minister...
The South African Mint (SA Mint) has again shined a light on the retinal cryoprobe, which is featured on its 2020 crown and tickey coin series. The South African Reserve Bank subsidiary has since...
Further to President Cyril Ramaphosa’s directive to organs of State in August to submit information around their Covid-19 procurement, the National Treasury has published an interactive Covid-19...
In an open letter addressed to President Cyril Ramaphosa and Finance Minister Tito Mboweni, Corruption Watch executive director David Lewis and Public Affairs Research Institute executive director...
The Presidency on August 26 confirmed that all Covid-19-related government expenditure has been published online. The Office of the Chief Procurement Officer has published a full list of all...
Business for South Africa (B4SA) is disappointed that all payments of Unemployment Insurance Fund (UIF) Temporary Employer/Employee Relief Scheme (TERS) benefits have been halted pending...
Strategy and investment consulting firm Singular Group says the Covid-19 pandemic has severely impacted South Africa’s economy, to such an extent that business confidence is at an all-time low, 22%...
The German embassy in South Africa expects further technical experts from that country to arrive in South Africa, subject to the approval of the South African government. The first contingent of...
The Unemployment Insurance Fund (UIF) will open and begin processing the July/August Covid-19 Temporary Employee Relief Scheme (TERS) benefits applications from August 17. This follows the signing...
In a statement, the liquor industry of South Africa has acknowledged the concerns raised by SpritsEurope around imbalances in trade between South Africa and the European Union (EU), owing to the...
Based on better-than-expected data arising from the first and second quarters of the year, financial services company Absa has revised down its forecast for the gross domestic product (GDP)...
South Africa’s national Solidarity Fund has ramped up its efforts to bring relief to those most affected by the Covid-19 pandemic. The fund has been focusing its efforts since its inception in...
Following the significant challenges because of the Covid-19 outbreak, the outlook for the South African commercial and industrial property sector for next year remains somewhat bleak, says South...
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