Cybersecurity budgets: The delicate balance of spending money to save money
Allocating sufficient budget to cyber threats can be a complex issue that requires the cooperation and coordination of all executives within an organisation. When...
Tag : budget
Mboweni warns of debt crisis if national budget isn’t cut
South Africa must cut spending to avoid a sovereign debt crisis within the next four years, Finance Minister Tito Mboweni said. Mboweni is preparing to...
Why your budget is not working
Despite South Africa being one of the leading economic powerhouses in Africa, 2019 has seen a downturn in economic growth with greater pressure being placed...
SASSA warns of grocery voucher scam
The South African Social Security Agency (Sassa) has announced on its social media platforms that the initiative to grant all unemployed South African citizens groceries...
Tito Mboweni on budget deficit widens to 4.3%
The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher than...
MPC cuts repo rate by 25 basis points
The Monetary Policy Committee (MPC) has reduced the repo rate by 25 basis points to 6.5{260be39af7a23245908e2d03f0702cdacbe80916f94cc22d505f2ddb0a022481} in line with market expectation. Briefing reporters, Reserve Bank...
SARS ready to implement VAT increase on 1 April
The South African Revenue Service (SARS) is ready to implement the increase in Value-Added Tax (VAT) which comes into effect on 1 April. Former Finance...
SASSA’s social grant contingency plan being presented to Cabinet
The South African Social Security Agency (SASSA) has a contingency plan to ensure that social grants are paid without any hiccups on 1 April 2018...
Do not to pay any upfront fees when applying for loans
The National Credit Regulator (NCR) has embarked on a consumer rights month campaign in support of the World Consumer Rights Day (WCRD) which is on...
Finance Minister approves VBS curatorship
Finance Minister Nhlanhla Nene has approved the Registrar of Banks’ recommendation to place VBS Mutual Bank under curatorship. “The National Treasury can confirm that the...