Tshwane is officially bankrupt

Tshwane mayor Randall Williams yesterday officially declared the metro bankrupt, saying National Treasury found its liability exceeded assets by R3 billion. Williams spoke at length about the financial turmoil of the municipality during a council sitting...

COVID-19 loan scheme extended by three months

Consultations have seen the COVID-19 Loan Guarantee Scheme (LGS) extended by a further three months. The move was on Monday announced in a joint statement by the National Treasury, the South African Reserve Bank and the Banking Association South Africa (BASA). The...

National Treasury Resolving e-Tender Portal Crash

National Treasury says its technicians are working around the clock to solve a technical problem that saw its e-Tender portal experience technical difficulties. In a statement, the department on Wednesday said the ICT server infrastructure that hosts the e-Tender...
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