national treasurylatest news & developments
Minister of Finance Enoch Godongwana has responded to the Constitutional Court's decision to strike down the Public Procurement Act.
ENOCH GODONGWANA

Procurement Act declared invalid: Godongwana says government will plot new path

Godongwana plots a new path after ConCourt scraps the Procurement Act.

  • Edward West
3 min read
Municipalities forfeited R1.5 billion in unspent municipal infrastructure grants over the past three years due to poor planning and lack of capacity.
AUDITOR GENERAL

Punished twice: no water, no power — and R1.5bn in infrastructure grants unspent

Municipalities forfeited R1.5bn in infrastructure grants over three years as poor planning and capacity failures left communities battling worsening basic services.

  • Rapula Moatshe
5 min read
Finance Minister Enoch Godongwana, in his Budget speech this year, said Treasury will introduce reforms to manage unclaimed financial benefits.
ENOCH GODONGWANA
Breaking News

Treasury proposes centralising R88bn in unclaimed financial assets and a time cap

National Treasury unveils a discussion paper proposing the centralisation of over R88 billion in unclaimed financial assets, aiming to improve tracking and management while…

  • Edward West
3 min read