Rand, Eskom dollar bonds hit by load shedding
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Tito mboweni
FACT CHECK: Does Soweto owe Eskom R18 billion in unpaid electricity?
Soweto is accused of a culture of not paying for public services that is rooted in resistance to apartheid. Africa Check unpacks whether the township’s residents today owe South African power utility Eskom R18 billion?
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Mboweni: S.Africans must roll up their sleeves after Moody’s rating
Moody’s kept South Africa’s sovereign debt at BAA3, the lowest investment grade, but revised its outlook to negative, citing a deterioration in the economic growth outlook and rising debt.
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Moody’s decision to downgrade SA to negative was no surprise – DA
Moody’s changed its outlook on the country's credit rating from stable to negative.
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Heavy-hearted Mboweni reacts after Moody’s changes SA’s outlook to negative
Moody’s is the last of the three big ratings agencies to keep the country in positive territory.
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Parly moves ahead with NHI Bill public hearings despite concerns over funding
Treasury’s Medium-Term Budget Policy Statement document published this week paints a gloomy picture of the country’s economy and states NHI costs would balloon by R33 billion.
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Ramaphosa: Govt doesn’t need to cut down its workforce
Ramaphosa said the government needs to do the opposite and employ more in some sectors where there is a shortage of staff.
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More consultations around e-tolls to take place - Mbalula
Fikile Mbalula said Cabinet was busy assessing a number of options for the Gauteng Freeway Improvement Project, the project that has as its core a system of e-tolls.
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ANALYSIS: Mid-term Budget underscores bad state of SA economy
A major concern is that the government’s resolve is strongest on policies that are actually quite suspect.
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Mboweni urges Eskom to get it together before another bailout
Mboweni said it’s time for state-owned companies to be weaned off state coffers, and that the government cannot continue to throw money at Eskom.
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CARTOON: Tightrope Tito
Dr Jack.
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Opposition parties not impressed with Mboweni’s MTBPS
MPs from various parties in the National Assembly on Wednesday reacted adversely to news of alarmingly rising debt levels, lower-than-forecast growth and a shortfall in tax collections.
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Mboweni issues warning on rising national debt
The Finance Minister says that the persistent gap between revenue and expenditure would push the debt to GDP ratio even higher over the next ten years.
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‘SOEs must learn to stand on their own feet’: Mid-term Budget highlights
Finance Minister Tito Mboweni delivered the Medium-Term Budget Policy Statement (MTBPS) in the National Assembly on 30 October 2019 and had a stern message for state-owned enterprises.
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Mboweni: SA economy forecast to grow at 0.5% this year
While delivering the MTBPS, Finance Minister Tito Mboweni said that urgent economic reforms were necessary.
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READ: The Medium-Term Budget Policy Statement
Finance Minister Tito Mboweni delivered the Medium-Term Budget Policy Statement on Wednesday afternoon.
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Mboweni: E-tolls are here to stay, pay your bills
Tito Mboweni announced that government had decided to retain the user pay principle remains with regards to e-tolls
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Mboweni: Public sector wage bill must be slashed
Government spends over R500 billion on the wage bill which has more than tripled between 2006 and 2019.
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WATCH: Mboweni's full MTBPS
The Finance Minister delivered the Medium-Term Budget Policy Statement in the National Assembly on Wednesday.
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Mboweni urged to consider workers, taxpayers ahead of MTBPS
The MTBPS gives key government priorities and proposed divisions of revenue and other budget allocations.
