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National Treasury

National Treasury is South Africa's finance ministry, responsible for managing the country's public finances and economic policy. The department formulates and implements fiscal policy, prepares the national budget, and oversees government expenditure across all spheres of government. It is headed by the Minister of Finance and supported by the Director-General and a team of deputy directors-general. National Treasury plays a central role in macroeconomic planning, revenue collection oversight, and the regulation of public-sector financial management. The department also manages South Africa's debt issuance programme, including conventional bonds, inflation-linked bonds and, more recently, green bonds and other sustainable finance instruments. It sets the framework for municipal and provincial budgets and monitors compliance with the Public Finance Management Act and Municipal Finance Management Act. National Treasury engages with international financial institutions, ratings agencies and investors on behalf of the South African government. The department also houses specialised units focused on asset and liability management, public-private partnerships, and financial sector policy. Established in its modern form following South Africa's transition to democracy in 1994, National Treasury has been instrumental in shaping the country's fiscal framework and maintaining macroeconomic stability through successive economic cycles.

National Treasury News


The above image depicts a worker operating a crane
Materials handling market sees rapid growth
29th May 2026 By: Lynne Davies

Several key factors, such as the impact of Operation Vulindlela, have seen the materials handling market in Southern Africa undergo a rapid change in recent years, to the extent that the market is... 


Representatives form the train operating companies hold up rail access certificates at a ceremony addressed by various Transnet executives, including CEO Michelle Phillips (seated in green).
Eleven private train operators gear up for mainline entry after concluding access agreements
29th May 2026 By: Terence Creamer

The 11 private train operating companies (TOCs), which were last year allocated slots on South Africa’s mainline rail network, have now officially concluded rail access agreements with the Transnet... 


The sod turning ceremony was attended by a high-powered delegation, including Electricity and Energy Minister Dr Kgosientsho Ramokgopa (centre)
Eskom flags big renewables ambitions as it starts work on 75 MW solar project alongside Lethabo coal station
27th May 2026 By: Terence Creamer

Eskom has started construction of a 75 MW solar PV project alongside its Lethabo coal-fired power station in the Free State, which is expected to generate some 147 GWh yearly once at full... 


IFISA's Mohale Rakgate and the IFC's Cláudia Conceição signed a Memorandum of Cooperation to strengthen project preparation, improve bankability, and accelerate the delivery of high-impact infrastructure.
New initiative aims to grow pipeline of ‘bankable’ water and sanitation projects
22nd May 2026 By: Terence Creamer

A newly formed government agency set up to mobilise private sector participation in public infrastructure has concluded a cooperation agreement with the International Finance Corporation (IFC) in a... 


Nersa aims to make ferrochrome tariff call by end May as it launches public consultations
Nersa aims to make ferrochrome tariff call by end May as it launches public consultations
15th May 2026 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has set aside May 25 for public hearings into Eskom’s application to amend negotiated pricing agreements (NPAs) with Samancor Chrome and... 


Representatives form the train operating companies hold up rail access certificates at a ceremony addressed by various Transnet executives, including CEO Michelle Phillips (seated in green).
Eleven private train operators gear up for mainline entry after concluding access agreements
13th May 2026 By: Terence Creamer

The 11 private train operating companies (TOCs), which were last year allocated slots on South Africa’s mainline rail network, have now officially concluded rail access agreements with the Transnet... 


Transport Minister Barbara Creecy
Creecy highlights private prospects in freight logistics on eve of rail announcement
12th May 2026 By: Terence Creamer

Transport Minister Barbara Creecy has confirmed that major private sector participation (PSP) projects in the freight logistics sector will be brought to market in the current financial year and... 


Conlog advances RT29 rollout and strengthens smart utility capability in South Africa
Conlog advances RT29 rollout and strengthens smart utility capability in South Africa
12th May 2026

Conlog is progressing the rollout of smart metering projects under the RT29 programme across local municipalities, reinforcing its role in South Africa’s ongoing utility modernisation. Enabled... 


An image of Johann Nell
Private investor’s role in logistics renewal spotlighted
8th May 2026

In an opinion piece, real estate investment trust Redefine Properties national asset manager and development head Johann Nell noted that the transport and shipping narratives in South Africa are... 


Nersa aims to make ferrochrome tariff call by end May as it launches public consultations
Nersa aims to make ferrochrome tariff call by end May as it launches public consultations
28th April 2026 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has set aside May 25 for public hearings into Eskom’s application to amend negotiated pricing agreements (NPAs) with Samancor Chrome and... 


Photo of Terence Creamer
Full disclosure
24th April 2026 By: Terence Creamer

Given its recent history, the fact that Eskom is even able to contemplate entering into a 62c/kWh tariff deal with the ferrochrome industry is remarkable. It is a clear indication of how far the... 


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