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Government banking on policy certainty to revive mining industry

PRETORIA, October 24 - South Africa's government is banking on recent reforms and policy certainty to revive the mining industry after production fell by...

Mboweni throws NHI R500mln lifeline

PRETORIA, October 24 - Finance Minister Tito Mboweni said on Wednesday that government would be reprioritising R546 million within the National Health Insurance (NHI) indirect grant to...

VAT refund backlog main culprit in R27 bln revenue shortfall

PARLIAMENT, October 24 - South Africa faces a revenue shortfall of R27.4 billion for the current financial year mainly due to the miscalculation of...

Hands off SA reserve bank, says Mboweni

PARLIAMENT, October 24 - Finance Minister Tito Mboweni on Wednesday pleaded with detractors to stop attacking the independence of the SA Reserve Bank (Sarb). During...

Debt service costs continue to rise, to reach 15 percent of...

PARLIAMENT, October 24 - The cost of servicing government debt continues to rise and will exceed estimates forecast in February by several billion rands...

SA needs new growth path – Cosatu

PARLIAMENT, October 22 - Finance Minister Tito Mboweni needs to present a clear plan on how the government will "pull the economy from the...

South Africa’s rand firmer in early trade, focus on budget speech

JOHANNESBURG - South Africa's rand firmed against the U.S. dollar in early trade on Monday, as investors awaited the new finance minister's medium-term budget...

Finance minister to stick close to Feb budget

JOHANNESBURG - South Africa's new finance minister Tito Mboweni will stick closely next week to previous budget forecasts for the coming two fiscal years,...

Mboweni slams KPMG over role in VBS scandal

PARLIAMENT, October 16 - Finance Minister Tito Mboweni on Tuesday condemned auditing firm KPMG for signing off on the financial statements of failed VBS...

Mboweni says he has received preliminary report on PIC

PARLIAMENT, October 16 - Finance Minister Tito Mboweni on Tuesday said he had received a preliminary report on the Public Investment Corporation, suggesting this...


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