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Budget 2016: clampdown on state-owned entities

Finance Minister Pravin Gordhan says government seeks to stop corruption, waste and the continued bailout of state-owned entities (SOEs). He delivered his much anticipated budget speech on Wednesday, amid cynicism over the economy. Gordhan also defended a measure undertaken by Treasury to review all contracts above R10- million. Earlier in the day, Treasury had released Read more >

Chief procurement officer makes progress

By Valencia Talane Finance minister Pravin Gordhan’s national budget speech, delivered on Wednesday afternoon, was a display of good news in terms of government efforts to improve the country’s fiscus over the years as well as firm warnings towards those who do business in a dishonest way.   On government spending in particular – an Read more >