Tito mboweni
Mboweni seeks to table SA’s emergency Budget on 24 June
National Treasury has had to substantially revise the Budget that the minister tabled in February due to the COVID-19 crisis.
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Treasury ready to table Special Adjustment Budget by 24 June
Finance Minister Tito Mboweni has urged Parliament to pass the Budget legislation he tabled in February as soon as possible, because until this is done, a revised Budget cannot be tabled.
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CARTOON: SAA in ICU
Dr Jack & Curtis
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Parties react to BBBEE requirement for COVID-19 relief for small businesses
Finance Minister Tito Mboweni on Tuesday told parliament’s finance committees he could not support a policy position that discriminated against white business owners.
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Mboweni: SA’s structural economic reforms not similar to IMF loan conditions
The minister was speaking during a meeting of Parliament’s finance committees on Tuesday when he defended the decision to consider the IMF’s $4.2 billion loan facility for COVID-19 specific purposes.
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Mboweni: Economy must be re-opened urgently, but people's lives come first
The National Treasury and the South African Revenue Service briefed Parliament’s finance committees on their annual strategic plans and budgets.
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SA willing to sell 'poorly functioning' state-owned firms - Mboweni
The treasury sees gross domestic product slumping by nearly 6% in 2020, while tax receipts are expected to tumble by at least a third.
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Mboweni: I lost the debate on alcohol and cigarette sales
President Cyril Ramaphosa last week said cigarettes would be on sale from 1 May, but this was rolled back when COGTA Minister Nkosazana Dlamini-Zuma said the ban would remain in place.
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A new way for business: Mboweni says S.Africans must be prioritised for jobs
Finance Minister Tito Mboweni briefed the media on Friday about the multi-billion-rand relief measures aimed at getting the nation through the crisis.
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COVID-19: Mboweni says SA qualifies for $4.2 billion loan from IMF
The minister briefed reporters earlier on the R500 billion relief package, which would be used to circumvent the harsh impact of the pandemic.
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Mboweni: SA won't consider IMF's adjustment programme funding
The country's economy has been battling poor growth and with the effects of COVID-19, the situation appears to be direr.
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COVID-19: Prepare for deep recession as Treasury looks for funding - Mboweni
Finance Minister Tito Mboweni has made it clear that the outside funding would go towards fighting the pandemic and not funding any other state programme.
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SA should not approach IMF for help, ANC and allies say
Finance Minister Tito Mboweni said last month that South Africa would only approach the IMF or World Bank for help fighting the coronavirus 'if we run out of finance for health interventions'.
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Mboweni after Moody's downgrade: Govt committed to reforms
Moody's downgraded South Africa's sovereign credit rating to junk status, joining the other two major agencies.
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Mboweni: Treasury will redirect funds to deal with COVID-19
Finance Minister Tito Mboweni explained that along with the Health Department, Treasury is coordinating a working group to make necessary structural arrangements.
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Ramaphosa to face Cosatu today over plans to slash public wage bill
Finance Minister Tito Mboweni last week proposed that the public sector wage bill be slashed by R160 billion over the next three years.
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Moody’s raises concerns after Budget speech
It said risks remain skewed towards a higher debt path given challenges in increased spending and persistent risks to growth.
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Mboweni positive about upcoming Moody’s ratings review
Experts had long warned of a downgrade of South Africa’s sovereign outlook to junk status if there are no drastic economic reforms.
