Credit rating agency Moody's Investors Service has downgraded South Africa's credit rating one notch from Baa1 to Baa2, while also revising the credit outlook from negative to stable, said National Treasury.
In a bid to encourage South Africans to save more, the Minister of Finance Pravin Gordhan, has announced plans to introduce tax-preferred savings and investment accounts in 2015.
On Thursday, 20 September 2012, the Constitutional Court handed down judgment on an urgent direct appeal by the National Treasury and South African National Roads Agency Limited (SANRAL) against a temporary restraining order granted by the North Gauteng High Court, Pretoria (High Court) preventing SANRAL from implementing and collecting tolls.
Mandy Ramsden, Chairman of the Association of Unit Trusts (APUT), comments on National Treasury’s latest document regarding the Real Estate Investment Trust (REIT) proposals
The National Treasury and Nedbank (NED) have confirmed that Nedbank Internet clients will be able to buy bonds

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.