A more intense and structured monitoring of state-owned companies and entities has been proposed by the government through a new funding framework. This follows a statement made by National Treasury earlier this week, during the Medium Term Budget...
Businesses drive economic growth through investment, innovation, and knowledge transfer. In South Africa’s case, the private sector employs approximately three-quarters of workers and accounts for more than two thirds of investment and research and...
The focus over the next three years will be on reviewing the local government infrastructure grants system, Minister of Finance Nhlanhla Nene said during his budget vote. Improved service delivery at local level is a critical government objective....
South African Minister of Finance, Nhlanhla Nene and German Ambassador Dr. Horst Freitag today signed five agreements totalling an amount of €414.26 million (R5.89 billion) for development cooperation between South Africa and Germany. Development...
Private investment in infrastructure should not be viewed as a quick way to make money, Deputy Finance Minister Nhlanhla Nene said on Tuesday. “Infrastructure development should not be seen as any easy way to make money out of government,” he told...
