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Denel at risk of business rescue, government warns

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Denel faces the risk of being placed under business rescue or even in liquidation due to its dire financial position, the National Treasury said...

No money for Denel in Medium Term Budget

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National Treasury has not allocated Denel any funding in its Medium Term Budget Policy Statement, but has given other state-owned entities additional...

SA Army budget: same old, same old

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The South African Army's expenditure over the next few years will increase some 8.0 percent, the National Treasury says. That translates into...

South Africa further relaxes exchange controls

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South Africa said it would further relax foreign exchange controls to allow companies to top up capital in their offshore businesses and...

Defence budget trimmed

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The National Treasury has again trimmed the defence budget. The adjusted defence budget vote released by Minister of Finance Pravin Gordhan shows...

A peacekeeping fund for the SANDF?

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The Department of Defence (DoD) says it is in talks with the National Treasury to establish a "contingency budget for peace support"....

Veterans department to launch tomorrow

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Minister of Defence and Military Veterans Lindiwe Sisulu and her deputy will tomorrow formally open the Department of Military Veteran (DMV) that...

Treasury nixes DoD spending plans

Treasury has turned down Department of Defence submissions for...

Military Health Service fixing ambulance fleet, to acquire 4 field hospitals

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The South African Military Health Service is replacing obsolete equipment, vehicles and ambulances. Since the 2008/9 financial year the life-saving service has...

Annual budget speech: FinMin Pravin Gordhan’s full speech

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Budget Speech 2010 Minister of Finance Pravin Gordhan 17 February 2010 The 2010 Budget documents are available on the Internet at: www.treasury.gov.za Honourable Speaker It is my...

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SANDF missing the communication target

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Former defence and military veterans minister Nosiviwe Mapisa-Nqakula on a number of occasions said words to the effect South Africans have to decide what...