Mail & Guardian
Mail & Guardian
lungisa fuzilelatest news & developments
President Cyril Ramaphosa delivers eulogy at the office funeral of former minister Pravin Gordhan. (@PresidencyZA/X)

Gordhan’s funeral marked by calls for renewal

Ramaphosa told mourners: ‘We will not let Pravin down’

Department of Finance

The journey to full-blown austerity is marked by changes to an economy presided over by a government adrift

Developing countries that are the most vulnerable to climate change are angry about a new text released at COP29 on Friday, which says developed countries must pay $250 billion a year until 2035 for climate action.(Waldo Swiegers/Bloomberg via Getty Images)

Standard Bank ready and willing to aid finance grid expansion

The effort, needed for renewable capacity to come online, will cost about R210 billion

With labour seemingly sidelined in talks affecting the economy’s future, big business isn’t as hard done by as some believe. (Waldo Swiegers/Bloomberg via Getty Images)

Some more equal than others in South Africa’s economic tug of war

With labour seemingly sidelined in talks affecting the economy’s future, big business isn’t as hard done by as some believe

Business Unity South Africa chief executive Cas Coovadia

Business lobby: Chief executives extend helping hand to SA – not the ANC

During a media briefing, business leaders said their work with government could deliver the growth needed to arrest the economic crisis

The former national treasury director-general and chairman of the Government Employees Pension Fund, Dondo Mogajane, has resigned from all professional roles and board positions. (Dwayne Senior/Bloomberg/Getty Images)

Treasury needs an insider director general

But the department’s already reduced ranks may make it difficult to find someone with the technical know-how and clout to replace Dondo Mogajane

(Mail & Guardian)

Editorial: Praise for treasury’s Mogajane, but his replacement faces a battle

When Dondo Mogajane became director general of the national treasury, question marks were raised about his ability to defend the institution. Five years later, it was a war well…

President Cyril Ramaphosa. (Lulama Zenzile/Die Burger/Gallo)

Ramaphosa says he threatened to resign over Des van Rooyen saga

The machinations around the finance ministry at the time clearly posed the risk that the treasury would be captured, to disastrous effect, Ramaphosa said.

El Niño is expected to cause a loss of rainfall

Report on local financial institutions’ AGMs shows climate pressure is gaining momentum

A Just Share report on the AGMs of seven of SA’s biggest financiers found their climate commitments show promise, but timelines remain sketchy

On Thursday, Zondo also said Van Rooyen had been given the green light to give evidence himself before the commission. (Oupa Nkosi/M&G)

Zondo grants Van Rooyen leave to cross-examine Fuzile

During his testimony in 2018, former treasury director general said Van Rooyen arrived at treasury with a "pre-appointed adviser" in Mohamed Bobat

Evidence leader, advocate Vincent Maleka, SC, raised some concerns with Van Rooyen’s application. (Oupa Nkosi/M&G)

Van Rooyen applies to cross-examine Fuzile

Van Rooyen has also indicated his interest in testifying before the commission

(Oupa Nkosi)

Zondo commission: Treasury witnesses to reveal cost of state capture

Treasury economist Catherine MacLeod will take the stand on Tuesday

According to Fuzile, Zuma also said that in other countries “finance ministers do not tell presidents that there is no money”. (Waldo Swiegers/Getty)

Nuclear deal would have dealt a blow to SA economy —Fuzile

The drive for nuclear energy has been cited by ratings agencies as a major reason for credit downgrades

According to Fuzile, Zuma also said that in other countries “finance ministers do not tell presidents that there is no money”. (Waldo Swiegers/Getty)

Zondo commission: Ex treasury DG back to spill the beans

​Former treasury director general Lungisa Fuzile will make his second appearance before the Zondo commission of inquiry into state capture

Fuzile’s testimony has focused on the days following Nhlanhla Nene’s dismissal as finance minister in December 2015 and the four-day period Van Rooyen served as his successor. (AFP)
Video

Van Rooyen tried to force ex-treasury DG’s hand in adviser appointments

Former treasury DG Lungisa Fuzile detailed how Des van Rooyen tried to appoint Malcolm Mabaso as an ‘informal’ adviser

Lungisa Fuzile (Gallo)
Video

WATCH LIVE: Day 2 of Lungisa Fuzile at the #StateCaptureInquiry

Lungisa Fuzile’s evidence will form a series of testimonies relating to the ‘revolving door’ of ministers at treasury.

Fuzile’s evidence will form a series of testimonies relating to the “revolving door” of ministers at treasury. (Trevor Samson/Business Day/Gallo Images)

Ex-treasury DG was warned of ‘Gupta minister’

After Nhlanhla Nene’s axing in 2015, Lungisa Fuzile was cautioned about a ‘Gupta minister’

Elated: ANC supporters welcome the news that higher education will be free for some but it may eat into the health budget.

Andrew Donaldson leaves national treasury after more than 20 years

His exit follows the announcement that director general Lungisa Fuzile will be leaving later this month.

Mark Minnie, a retired cop, was found dead this week. The murky circumstances of a possible suicide remain unclear. (John McCann/M&G)

A-team puts Gigaba on notice

Treasury officials are divided over whether to stay and shouldn’t be taken lightly.

Lungisa Fuzile (Gallo)

Editorial: Give us more like Fuzile

The director general of the treasury, Lungisa Fuzile, has given a shining example of what a public servant should be like.