National Treasury
Coverage of National Treasury in the Nexus archive.
- Brazil to become regular borrower in China, treasury official says
Brazil plans to issue yuan-denominated bonds annually in China, making the Chinese currency a regular part of its external debt. A senior Brazilian treasury official stated the debut is expected before year-end, though it will not significantly impact the government's finances due to low external debt levels.
- South Africa to Set Up $500 Million Mega-Project Vehicle
South Africa is establishing a $500 million Credit Guarantee Vehicle, a privately run entity hosted by the Development Bank of Southern Africa and regulated by the Prudential Authority. National Treasury will provide up to $100 million in first-loss capital for the initiative.
- Kenya: Treasury Reverses 2026 Economic Growth From 5.3pc to 5pc
Kenya's National Treasury revised its 2026 economic growth projection to 5% from 5.3%, citing easing inflation, structural reforms, and increased private sector investment as key drivers despite global uncertainties.
- South Africa: Joburg, Treasury Agree On Plans to Save City's Finances Ahead of Parliamentary Deadline
South Africa's Johannesburg and National Treasury have agreed on a plan to stabilize the city's finances. The Treasury described the plan as 'solid' and a 'credible foundation for the City's financial recovery'.
- Kenya: Treasury Misses Tax Revenue Target By Nearly Sh7bn
The National Treasury in Kenya missed its revised tax revenue target by nearly Sh7 billion during the 2025/26 financial year, highlighting challenges in meeting revenue goals.
- Kenya: Senator Seeks Direct Access to Counties' Ifmis Data Over Spending Concerns
Busia Senator Okiya Omtatah has petitioned the Senate to compel the National Treasury to provide senators with monthly Integrated Financial Management Information System (IFMIS) data. He argues this is necessary to strengthen oversight of county spending.
- Kenya: Govt to Receive Sh200bn Safaricom Sale Proceeds Tomorrow
The Kenyan government is set to receive over Sh200 billion on Friday from the sale of its 15% stake in Safaricom to South Africa's Vodacom, as announced by National Treasury Cabinet Secretary John Mbadi.
- Kenya: Treasury Projects Sh1.15tn Budget Deficit As Spending Hits Sh4.8tn
Kenya's National Treasury projects a Sh1.15 trillion budget deficit for the 2026/27 financial year, with domestic borrowing to cover the gap as government spending exceeds revenue collections. Total spending is expected to reach Sh4.8 trillion during the period.
- New South African Crypto Regulation Proposal For Travelers Entering Or Leaving The Country: Declare Your Crypto Or Face Jail Time
South Africa proposes new crypto regulations requiring travelers to declare cryptocurrency assets when entering or leaving the country, with penalties including up to 5 years in prison. The National Treasury will update its 1961 Exchange Control Regulations to classify crypto as capital, alongside foreign currencies and gold, granting officials authority to search devices like phones and cold wallets.