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Unembargoed: October 5 to 11

The Nene whispers: Here’s the real story

Former French President Nicholas Sarkozy (Die Burger/Francois Nel)

Ramaphosa to appoint commission of inquiry to probe PIC

The PIC recently announced it was appointing a forensic investigator to look into its investment in the embattled VBS Mutual Bank

The BRICS leaders are expected to adopt the Johannesburg declaration, a document outlining all the commitments made by BRICS countries during the summit. (Twitter: African National Congress)

What the BRICS summit means for SA

Heads of states from Brazil, Russia, India and China are expected to attend the summit held between July 25 and 27

(Gemma Ritchie/M&G)

Moyane wants Ramaphosa, Gordhan grilled at his disciplinary

Suspended Sars boss demands Ramaphosa and Gordhan avail themselves for cross-examination at his disciplinary inquiry

Finance Minister Nhlanhla Nene reported to Parliament a few months ago that 112 municipalities did not have the financial resources to execute their service delivery plans. (David Harrison/M&G)

Costly Head winds pummel SAA

The free-spending chief executive’s British hire is set to earn a cool R5m for just six months’ work

Eskom (Madelene Cronje)

Eskom wage talks: Unions want meeting with Nene, Gordhan

Eskom spokesperson Khulu Phasiwe confirmed on Wednesday morning that the unions decided to take Eskom’s proposal to the ministers

Nhlanhla Nene

Nene to chair board of governors of BRICS bank

The finance minister was elected to the position at a meeting of the bank’s leadership taking place in Shanghai, China.

Imported goods are subject to customs duties and a 15% VAT rate based on their value, which must be paid to Sars. (Oupa Nkosi)

SARS, NPA to go after taxpayers with outstanding returns

At the end of March 2018, active taxpayers owed SARS about 30-million returns

(John McCann)

VAT not all bad news

In an attempt to keep customers, retailers will absorb some of the hike – for a while

The daily papers look at Winnie Madikizela-Mandela’s life and what might have been Gemma Ritchie/M&G

In the headlines: A wrap of the day’s newspapers

Stay up to date with what made the leads in some of the country’s daily’s

Finance Minister Nhlanhla Nene.

SARS undershoots revenue target by R0.7-billion

Finance Minister Nhlanhla Nene made the announcement at a briefing on the preliminary results at SARS headquarters in Pretoria on Tuesday morning

Jeff Radebe is currently understood to be in Windhoek, Namibia, for a Southern African Development Community summit. (Madelene Cronje/M&G)

Can Radebe flip the light switch?

The new energy minister, along with the new finance and public enterprises ministers, will be able to drive the changes SA desperately needs

Finance Minister Nhlanhla Nene. (Reuters)

Hawks’ eerie silence on Gupta files

‘State capture’ whistle-blower faces criminal case yet three reports implicating the Guptas stall.

Bangladesh, which has more than 92 million internet users, has a history of blocking websites and key social media such as Facebook and YouTube. (Reuters)

Oscars for outstanding corruption

A riveting night at the Oscars’ red carpet

Fail-safe: Finance Minister Nhlanhla Nene. The treasury is eager to ­promote savings. Photo: David Harrison

Pressure on finance minister ahead of his first budget

All eyes will be on Nhlanhla Nene on Wednesday when he tells South Africans exactly how the treasury plans to plug the country’s fiscal gap.

Minister of Finance Nhlanhla Nene must take up where Pravin Gordhan left off.

SA will miss 2014 economic growth target – Nene

The new finance minister says the country is unlikely to meet a a growth target of 2.7% for the year given the protracted platinum strike.

Rand slightly firmer; stocks may open flat

The rand firmed slightly against the dollar on Tuesday but was seen lacking momentum to push through key levels in the absence of key data locally.