national treasury

  1. Jan

    Eskom to seek bondholder approval for plan to spread debt load

    Eskom's plan to spread its R402 billion debt Eskom will ask for approval from bondholders to spread its R402 billion debt between three corporate entities.
  2. Jan

    Standerton's municipality owes Eskom R1.3 billion - but hiked salary expenses by 161%

    Bankrupt municipality can't pay Eskom — but hikes salaries by 161% A bankrupt municipal government has given substantial salary increases to staff and councillors even though it is still bleeding money and owes Eskom R1.3 billion.
  3. Jan

    Network fault knocks SAPS, Treasury, and several other government departments offline

    Police and Treasury offline — network problem knocks out South African government ...According to the source, the outage also affected all external services routed via the Centurion data centre, including all external emails, remote VPN services, public DNS services, and third-party...
  4. Jan

    A R300m private college versus government's failed R866 million infrastructure plans

    A tale of two colleges — Solidarity versus government The collapse of an R866-million Department of Higher Education and Training (DHET) infrastructure project has painted a bleak picture of the government's ability to deliver on its promises. Circumstances around the failed government project...
  5. Jan

    R38.9 billion for South Africa's riot relief package

    Riot relief package price tag of R38.9 billion for South Africa South Africa’s Treasury expects a relief package for businesses and individuals affected by this month’s deadly riots to cost 38.9 billion rand ($2.6 billion). The government will spend an additional 31.2 billion rand and grant 5...
  6. Jan

    Six alleged insurrectionists arrested

    Six arrested for instigating insurrection in South Africa South African authorities arrested six people who allegedly instigated a week of rioting that claimed at least 215 lives and have charged them with inciting public violence. One of the six was released on bail, while the other five are...
  7. Hanno Labuschagne

    Cryptocurrencies must be regulated in South Africa - National Treasury

    Cryptocurrencies must be regulated in South Africa - National Treasury National Treasury has told Parliament that South Africa’s only option was to regulate activities related to crypto assets like Bitcoin. It said that the country can’t simply leave the crypto asset market unregulated, and it...
  8. Hanno Labuschagne

    Government faces tough choices on Eskom debt

    Government faces tough choices on Eskom debt South Africa’s National Treasury is considering whether it would be better to move a chunk of Eskom Holdings SOC Ltd.’s R464 billion ($31 billion) of debt into a special-purpose vehicle or have the state take over responsibility for it directly...
  9. Kevin Lancaster

    Digital TV costing tax payers another R620 million

    Digital TV costing tax payers another R620 million South Africa’s perpetually postponed migration to digital TV continues to cost Treasury hundreds of millions
  10. QuintonB

    Digital tax in SA: who's charging more?

    Digital VAT in SA: who pays? South Africa now requires companies to collect VAT on digital goods and services sold here, but which international companies do?
  11. jes

    iTunes price increase in South Africa

    iTunes price increase in South Africa The prices for media in the South African iTunes store have increased on the back of new value added tax regulations
  12. Jan

    Tax on digital goods in South Africa official, but only coming later

    New digital tax for South Africa postponed National Treasury has published its “Electronic Services Regulations” in the Government Gazette, announcing a later implementation date. Regulations Prescribing Services for the purpose of the definition of "Electronic Services" in Section 1 of the...
  13. QuintonB

    First SA digital tax collection emerges

    First new digital tax for South Africans emerge An international software vendor has informed its South African customers that it will begin collecting VAT from them
  14. jes

    More money in South African budget for broadband support

    More money in South African budget for broadband support The Department of Communications budget vote predicts that less money will be spent on broadband infrastructure development support than was appropriated in 2013/2014
  15. jes

    Government’s plan to boost SA broadband

    Government’s plan to boost SA broadband Finance minister Pravin Gordhan delivered his budget speech 2014 today, in which broadband made a guest appearance
  16. jes

    R374-million for broadband in SA schools

    R374-million for broadband in SA schools The DoC’s school broadband project is set to receive another R374-million
  17. jes

    The department of “non-achievement” - aka DoC

    The department of “non-achievement” - aka DoC The Treasury’s latest budget figures show that the Department of Communications deserve its title of a useless department
  18. jes

    Where has the DoC been spending your taxes?

    Where has the DoC been spending your taxes? The Treasury’s 2013 budget reveals where the Department of Communications has been spending money in the broadband space
  19. jes

    DoC outrageously behind on broadband and IT jobs targets

    DoC outrageously behind on broadband and IT jobs targets The Department of Communications is well off its ICT jobs and broadband targets for the current financial year
  20. QuintonB

    E-toll interdict reasoning questioned in ConCourt

    E-toll interdict “vague”, ConCourt hears Reasons given by the High Court in Pretoria for granting an interim interdict against e-tolling were vague and unclear, the Constitutional Court heard on Wednesday.
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