Gigaba says SAA now has strong leadership to turnaround the airline. (Comment: Only time will tell)
The minister is delivering a couple of sweet-sounding soundbytes, but will he convince the market and South Africans?
Gigaba says government must work at the pace the economy needs, not the other way around. (Comment: This sounds like a great soundbyte, but what does it mean? Why has Gigaba not acted on this thinking before now).
#MTBPS17 Praise for the CEOs Initiative which will offer 1 million internships and set up R1.5bn SME fund. LD
He will have to explain how he intends dealing with rising government debt.
Gigaba will be spelling out the government’s spending plans for the next three years.
The Democratic Alliance says the minister should focus on the "big five" challenges, including boosting economic growth, stabilising public finances, supporting the independence of financial institutions, reforming “zombie" state-owned enterprises and mitigating significant long-term fiscal risks.
It's expected that Gigaba will be asking Parliament to condone at least another R5 billion to keep lenders at bay.
National Treasury has already transferred more than R5 billion to SAA since June 2017.
Gigaba said last week that government is still looking to dispose of assets to offset the bailout of the struggling South African Airways. He said he will provide details of the transaction when he delivers his budget.
So what do we know so far?
This is going to be Finance Minister Malusi Gigaba's first medium-term budget.
Good morning and welcome to EWN's live blog which will bring you rolling updates on the medium-term budget.