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For the first time since 1990 the general fuel levy and RAF levy will remain unchanged for the next financial year.Image: jarun/123rf

Budget 2022 | Fuel and RAF levies unchanged but booze & cigarette prices hiked

The National Treasury has resolved not to hike the general fuel levy and the Road Accident Fund levy for the first time in 31 years to cushion hard-pressed consumers from soaring petrol prices. This was announced by finance minister Enoch…

Finance minister Tito Mboweni delivering the supplementary budget speech on Wednesday June 24 2020.              Image: GCIS/Kopano Tlape

Tito Mboweni: government to borrow R118bn from international institution

Finance minister Tito Mboweni has revealed that government intends to borrow US$7bn (R118bn) from international finance institutions, warning strongly that it is money which must be paid back. “Government intends to borrow US$7bn from…

Minister of Finance Tito Mboweni during his Medium Term Budget Policy Statement in the National Assembly , Parliament, Cape Town. October 24, 2018. PICTURE: ESA ALEXANDER/SUNDAYTIMES

Tito Mboweni says recall of tinned pilchards isn’t enough to scare him off

‘It’s a beautiful and wonderful fish’ Finance minister Tito Mboweni says the recall of tinned pilchards isn’t going to stop him cooking and eating his favourite dish. This after the National Regulator for Compulsory Specifications (NRCS)…

Hawks reviving charges against Gordhan

Former finance minister Pravin Gordhan is being investigated by the Hawks over the alleged bugging of the National Prosecuting Authority (NPA) offices in 2007‚ Business Day reported on Thursday. The newspaper said Gordhan’s predecessor…

Treasury acts to combat financing of terrorism

BY LINDA ENSOR The National Treasury is in the process of setting up an inter-departmental anti-money laundering committee to combat the financing of terrorism. The committee will‚ among other things‚ harmonise and align approaches to…

Icasa’s data bungle

By Jan Bornman New draft regulations could’ve done more to help consumers battling to cope with expensive data‚ which has been singled out as an obstacle to economic growth. Data costs‚ disappearing data and the expiration of data have…

SAA loan: no strings attached

Finance Minister Malusi Gigaba takes flak from economists for capitulating too easily to SAA’s demands for a R2.3bn bail-out Finance Minister Malusi Gigaba took flak from economists on Sunday for capitulating too easily to the demands of…

Mcebisi Jonas resigns as ANC MP

Former Deputy Finance Minister Mcebisi Jonas has resigned as an African National Congress member of Parliament, the party confirmed on Thursday. Jonas was removed from his position along with Finance Minister Pravin Gordhan last week…