National Treasury
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Search complete. 133 mentions across 66 episodes found for "National Treasury".
Sep 14, 2026
Carol SteinbergGUEST
As I recall, it was yes.
Carol SteinbergGUEST
We had a witness called Cecil Morden, who was a chief officer of economic tax analysis at the National Treasury before he retired in 2016.
Carol SteinbergGUEST
He was a veteran.
Carol SteinbergGUEST
And he looked at the...
31 MINS LATER
Mbuyiseni NdloziHOST
But let's start with Kikaba.
Carol SteinbergGUEST
Okay, I'm just looking for that recommendation.
Carol SteinbergGUEST
It's recommended that SARS take steps to restore the cordial relations that formerly existed with other state institutions, including the NPO, the Financial Intelligence Center, the Auditor General, the National Treasury, and develop protocols for interaction with the National Treasury.
Carol SteinbergGUEST
Because all of those relationships... had broken down and had been allowed to break down.
Kelle HowsonGUEST
Yes, that is the pushback that we encounter.
Kelle HowsonGUEST
And it comes mostly from the National Treasury and from conservative economists as well as the World Bank.
Kelle HowsonGUEST
And I think that there are all of the usual arguments against wealth tax.
Kelle HowsonGUEST
I think that they've also been kind of marshaled in New Zealand.
Omodara Moyemi GeorgeHOST
So basically, Africa's biggest regulated crypto platforms have taken their fight public forming this coalition and launching a petition against draft rules that would bar local companies from making cross-border payments in crypto assets.
Omodara Moyemi GeorgeHOST
So for things to get this serious, what exactly are they fighting? This draft framework, published by South Africa's National Treasury and the South African Reserve Bank, introduces two major restrictions, blocking cross-border crypto payments by businesses and restricting individual self-custody, meaning once you move your crypto off a South African platform to your own wallet, you cannot bring it back.
Omodara Moyemi GeorgeHOST
So this catastrophe coalition says billions of rands in foreign investment have already been placed on hold pending the outcome of the proposed regulations.
Omodara Moyemi GeorgeHOST
The public comment period actually closes on September 30th, 2026.
Stephen GrootesHOST
Um, we'll talk cryptocurrencies in a moment.
Stephen GrootesHOST
The new big sort of coalition of the cryptocurrency industry, very worried about proposals by the Reserve Bank and the National Treasury that would really bring, uh, cryptocurrencies, stable coins and everything kinda under the remit of the Reserve Bank's current regime for managing foreign exchange for cross-border payments and would really ban stable coins entirely.
Stephen GrootesHOST
Now, lots of other places, stable coins are entirely legal, and I think the enforcement's always going to be a problem.
Stephen GrootesHOST
We'll speak to a representative of the cryptocurrency industry.
speaker_0NARRATOR
Stephen is on The Money Show.
speaker_0NARRATOR
Six to eight PM.
Stephen GrootesHOST
You may remember a couple of months ago, there were proposed new regulations from the National Treasury and the Reserve Bank to regulate the cryptocurrency industry and really cross-border payments.
Stephen GrootesHOST
And I thought there was a bit of a muted reaction from the cryptocurrency industry at the time.
Hugh ColeGUEST
And that's a significant fiscal transfer and one that we have within city government powers.
Hugh ColeGUEST
It doesn't depend on grant regimes run by the national treasury there's a very important question there is are our subsidies reaching the right households hey and what effect are they actually having on energy use and household well-being because we're going to be spending money on subsidizing those who need free basic services let's make sure it's reaching the right people and having the effect that we think it's having And what makes this project possible is something quite specific about how Cape Town has structured its targeting.
Hugh ColeGUEST
So because those subsidies are allocated using clear eligibility thresholds, households just above and below those cutoffs are, in most respects, very similar.
Hugh ColeGUEST
And that creates a rare opportunity to measure the cause and effect of the subsidy rather than just observing a correlation.
Stephen GrootesHOST
You may remember a couple of months ago, there were proposed new regulations from the National Treasury and the Reserve Bank to regulate the cryptocurrency industry, and really cross-border payments.
Stephen GrootesHOST
And I, I thought there was a bit of a muted reaction from the cryptocurrency industry at the time.
Stephen GrootesHOST
Now, a group of people in the crypto space, they've got together, they're forming a new coalition against the regulations.
Thato LetsabaCORRESPONDENT
The Department of Communications and Digital Technologies Director General, Janet Murwani, says the SABC's current funding model is unsustainable amid declining advertising revenue, ageing infrastructure and shifting audience preferences.
Thato LetsabaCORRESPONDENT
She says a new funding model is being finalised with National Treasury to position the public broadcaster for the digital era.
Janet MurwaniSOUNDBITE_SPEAKER
The department had to revise the SADC bill and make sure that that bill focuses on issues of governance, institutional arrangements and most importantly a sustainable business model.
Janet MurwaniSOUNDBITE_SPEAKER
So the department has been working on the new business model.
Sifiso SkenjanaGUEST
We've got to see the cranes come back up.
Sifiso SkenjanaGUEST
And, I mean, one of the issues, for example, on the infrastructure side, just to you, because, of course, just to speak to gross capital formation, we had about, coming out of National Treasury, about 480-odd infrastructure projects that were earmarked.
Sifiso SkenjanaGUEST
But only five of those had been gone through a process of project preparation, which means they are bankable projects.
Sifiso SkenjanaGUEST
And so there's a lot of pre-investment actually activity that needs to pre-investment funding for project preparation in the infrastructure space that actually needs to take place as well.
7 MINS LATER
Stephen GrootesHOST
Now, let me just repeat the point I made earlier.
Stephen GrootesHOST
It seems that councils get away with literally anything when it comes to money.
Stephen GrootesHOST
The National Treasury can't control them.
Stephen GrootesHOST
Nothing can control them.
Dani PainterHOST
But what does this mean for ordinary South Africans? It points to a slowing economy which could put pressure on businesses, jobs and household incomes.
Dani PainterHOST
In other news, National Treasury says it's not assessed the impact of the plastic bag levy, but maintains it forms part of measures to reduce plastic waste and encourage recycling.
Dani PainterHOST
The levy was introduced in South Africa in 2004 as a measure to reduce plastic pollution.
Dani PainterHOST
Plastics SA's Executive Director Anton Hanekom explains how the levy revenue is collected, where the money goes and how it could be used more effectively.
Lister SaungwemeGUEST
Yes, some of these gains could be reversed.
Lister SaungwemeGUEST
As an example, the National Treasury and the DTHC at this point in time are working towards advancing or prioritizing 100% black ownership.
Lister SaungwemeGUEST
And you have seen the preferential procurement regulations.
Lister SaungwemeGUEST
As we scanned through those regulations, they didn't prioritize the BBB certificate as an enabler for gaining state procurement.
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