Fin24.com | Eskom: Nene mum on sale of assets
Finance Minister Nhlanhla Nene has again refused to identify the non-core state assets which would be sold off to raise money for Eskom.
View ArticleBudget speech contradicts SONA: Malema
Finance Minister Nhlanhla Nene’s 2015/16 budget speech contradicts President Jacob Zuma’s state-of-the-nation address as there was no emphasis on the Freedom Charter, Economic Freedom Fighters leader...
View ArticleNene: No (more) tax hikes – maybe
Finance Minister Nhlanhla Nene insists that further tax hikes are not inevitable in the next few years – despite a pressing need to raise extra revenue to finance new policy goals, and control budget...
View ArticleMore jobs in order to collect more taxes: Nene
South Africa collected R986.4 billion in revenue during the 2014/15 fiscal year, Finance Minister Nhlanhla Nene said on Wednesday.
View ArticleFin24.com | Nene: Nuclear build a ‘substantial commitment’
South Africa’s proposed nuclear build programme would be “a substantial commitment”, says Finance Minister Nhlanhla Nene.
View ArticleA 10% wage increase for public sector workers would add R20bn to government’s...
The 10% wage increase currently being demanded by public sector trade unions would add R20 billion to government’s wage bill over the amount provided for in the 2015-16 budget‚ Finance Minister...
View ArticleElectricity shortages hobble South Africa’s growth: Nene
Power outages are the biggest brake on South Africa’s economic growth, Finance Minister Nhlanhla Nene said Monday, as factories, homes and offices across the country continue to suffer from long...
View ArticleMboweni heads for Brics bank
Finance Minister Nhlanhla Nene announced on Friday that former Reserve Bank governor Tito Mboweni has been appointed as the non-executive director to the board the Brics New Development Bank (NDB).
View ArticlePublic wage bill to remain at around 40% of government spending #Budget2015
Finance Minister Nhlanhla Nene left the public sector wage bill untouched at around 40 percent of government spending in his first main budget on Wednesday, and appealed to the sector to be reasonable...
View ArticleHighlights of #Budget2015
Highlights of Finance Minister Nhlanhla Nene’s 2015/16 main budget include:
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