The mayor of Johannesburg, Dada Morero has come under fire for poor management of the municipality's coffers. Finance ...

Markets nevertheless cheered the decision, with South African government bonds outperforming and yields at five-year lows ...

Minister of Finance Enoch Godongwana has given Dada Morero 14 days to explain how he plans to fix the city’s finances.

This after Finance Minister Enoch Godongwana recently wrote to the mayor, complaining about the poor management of the ...

Finance minister Enoch Godongwana has given the City of Johannesburg a deadline to stabilise its finance or face a cut in ...

Finance Minister Enoch Godongwana was responding to a written parliamentary question on how far he’d gone in appointing an ...

The situation has become so dire that Godongwana sent a strongly worded letter to Morero on July 30, reprimanding the mayor ...

Minister of Finance Enoch Godongwana threw shade on the SA Reserve Bank’s (Sarb) 3% inflation target announced last week – ...

South Africa's Finance Minister Enoch Godongwana said on Friday that an expectation had been created that he would announce a ...

“If Treasury pulls back or suspends these funds, as the minister warns in his letter, the city’s ability to deliver the ...

Johannesburg's finances are in crisis, with over R24-billion in irregular, wasteful and unauthorised spending reported. If the mayor fails to act in 14 days, the Treasury may cut funding, which could ...