SAPS to continue monitoring Parow following 8-year-old Tazne van Wyk’s death
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Budget speech
Sovereign wealth fund & state bank coming, Ramaphosa reveals in Sona
President Cyril Ramaphosa said more details on these plans and steps to fix the country’s precarious public finances would be announced by Finance Minister Tito Mboweni when he delivered his Budget Speech in two weeks’ time.
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Cosatu says govt, business, social partners on board with plan to save Eskom
Cosatu wants a special purpose vehicle put together to include the Unemployment Insurance Fund, Public Investment Corporation, the Development Financing Institution and Development Bank of Southern Africa to take over 50% of Eskom’s over R400 billion debt.
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KZN Finance MEC Pillay to deliver maiden budget speech
Ravi Pillay was set to use the occasion to outline his fiscal vision for KZN over the next five years.
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SA could run out of money by 2042, Parliament told
The head of the Fiscal Cliff Study Group, Professor Jannie Rossouw, says South Africa’s position has deteriorated since last year’s Budget.
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Higher SA spending limit will not weaken policy credibility - Moody's
Moody’s, the last of the big three ratings agencies to rate South Africa in investment grade, is scheduled to review that rating next month.
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Mboweni’s team to flesh out Budget to investors, ratings agencies
It's unclear whether rating agencies will be satisfied with the action government is taking but Tito Mboweni believes there's a lot to be optimistic about.
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[CARTOON] A Low Ebb
By Dr Jack & Curtis.
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'No free lunch here': Treasury to closely monitor SOEs that get bailouts
Finance Minister Tito Mboweni said the job of the chief reconfiguration officer would be to work with the board and top management to guard every cent handed over to SOEs that get financial support.
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Treasury ready to defend Budget in meeting with rating agencies
Moodys, which is the only ratings agency that hasn't downgraded South Africa's sovereign debt to junk, has already reacted, saying that the budget highlights government's limited fiscal flexibility.
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Economists not impressed with Mboweni's maiden Budget speech
Economists say that Finance Minister Tito Mboweni's maiden Budget speech lacked detail on how the economy will be revitalised.
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'You want money from us, we'll put you under curatorship,' Mboweni warns SABC
Finance Minister Tito Mboweni says the fiscus will no longer be doling out money with no strings attached.
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Experts label Mboweni’s Budget speech ‘too optimistic’
Outa says there were no surprises from the Finance Minister's maiden speech considering the challenges currently gripping the country's economy.
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#RandReport: Rand flat after slipping in knee-jerk reaction to budget
After an initial negative reaction to the budget, the currency settled down as traders assessed its impact on South Africa’s sovereign credit ratings.
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Cosatu expects job security plan when Mboweni presents Budget
The trade union federation says it wants Mboweni to come with a clear plan of action to kick start the economy and halt further job losses.
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SANDF awaits Treasury approval on budget to restore basic services in Vaal area
Army experts were deployed to the area in November last year to try and repair water treatment works as well as stem the flow of raw sewage into the Vaal River.
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'Only good news about #BudgetSpeech is bad news already known' - economist
Finance Minister Tito Mboweni is set to present what’s being billed as the most difficult Budget in the post-apartheid era.
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#BudgetSpeech must show there's light at end of the tunnel, say economists
Finance Minister Tito Mboweni’s most crucial task is to unveil a rescue plan for Eskom after the economy was left reeling following days of load shedding.
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Why Tito Mboweni's 2019 Budget speech will be South Africa's toughest yet
Tito Mboweni will deliver his own maiden Budget speech today, with plans to steer Eskom out of crisis expected to take centre-stage.
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[CARTOON] Budget Meals
By Dr Jack & Curtis.
