Tag: Treasury
Denel’s finances remain vulnerable, but money incoming
In March, Denel received R1.8 billion from National Treasury, which is withholding another R1.5 billion while Denel proceeds with the sale of remaining non-core...
Denel at risk of business rescue, government warns
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
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
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
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
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?
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
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 additional funding over the next three years totaling some R11.3 billion, equivalent to...
Military Health Service fixing ambulance fleet, to acquire 4 field hospitals
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
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...
Register for Tender Defaulters empty
The National Treasury says its Register for Tender Defaulters remains empty, a fact that has upset opposition Democratic Alliance shadow finance...
SA spends R4.3bn on peacekeeping
South Africa has spent R4.304 billion securing peace and security in Africa since April 2004.
That has emerged from the answer to a...
Denel bail-out R8bn to date: DA
State arsenal Denel has received Treasury assistance of R8.82 billion to date and not R3.5 billion as stated by the company, says the parliamentary...
