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Mboweni to approach World Bank, IMF if SA runs out of funds to fight COVID-19
Following weekend reports that Finance Minister Tito Mboweni would take advantage of any funding made available by the IMF and the World Bank, he said that no talks had started for now.
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DA seeks clarity from Mboweni on state of national disaster fund coffers
The national disaster fund would provide financial support to various programmes launched to clamp down on infections and deal with the virus.
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SA’s shrinking economy needs urgent intervention, says Cosatu
The trade union federation was among a range of organisations and lobby groups making submissions at Parliament during public hearings on the budget.
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Cosatu: Govt can find other ways than cutting wage bill to save money
Finance Minister Tito Mboweni tabled a budget that aimed to cut the state wage bill by R160 billion over the next three years.
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Mbalula: Mboweni should have consulted me on Prasa budget cuts
Finance Minister Tito Mboweni announced that government would over the medium term cut R13.2 billion that was meant to go to public transport.
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Rand weakens as Moody's highlights concerns over Budget
The local currency had initially strengthened after Finance Minister Tito Mboweni unveiled the plan to cut the public sector wage bill by R160 billion.
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Cosatu: Workers not scapegoats for SA's economic crisis
The organisation said it saw Finance Minister's Tito Mboweni's budget as a challenge to labour and has again rejected government's plans to claw back on the public wage bill.
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CARTOON: Who'll Budge First?
By Dr Jack & Curtis.
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Ramaphosa could be tested in public sector wage bill talks - economists
In the Budget Speech on Wednesday, Finance Minister Tito Mboweni announced that the wage bill would be cut by just over R160 billion over the next three years.
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RAF earmarked as one of the risks that could further widen budget deficit
Treasury said that over the past 20 years, increases of the RAF levy had typically exceeded inflation yet the liabilities of the fund had grown at a faster pace.
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Despite difficult environment, WC to continue delivering services - Maynier
According to Western Cape Finance MEC David Maynier, Finance Minister Tito Mboweni may have provided some relief for tax payers but provinces will now have less to spend.
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With new budget, Lamola to 'ensure' NPA battle-ready to fight corruption, GBV
Finance Minister Tito Mboweni presented new budget allocations for the NPA, the priority investigative unit (the Hawks) and other law enforcement agencies, which were expected to tackle the massive backlogs in corruption cases.
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Mchunu hoping for positive talks with unions over public sector wage bill
The proposed cuts to the wage bill budget formed a key part of the national Budget Speech on Wednesday.
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Tax revenue highlights SA's dependence on small number of high-income earners
Just 125,000 people pay one-fifth of the R1.5 trillion the South African Revenue Services (Sars) collects in taxes.
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Saftu, Cosatu vow to fight govt plan to reduce public service wage bill
They said Finance Minister Tito Mboweni's budget shows government doesn't value workers and views them as easy targets.
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Malema hits back at Mboweni, says Eskom will never be a 'tired story'
Finance Minister Tito Mboweni was true to his word and didn’t say much about Eskom in his speech but did announce that government would allocate R230 billion over ten years to restructure the sector.
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Opposition parties say Mboweni did as much as he could with Budget
Most parties welcomed Finance Minister Tito Mboweni’s decision not to burden South Africans with more tax.
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Taxpayers breathe a little easier as Mboweni announces no major tax increases
Finance Minister Tito Mboweni said the tax break was one of the measures he hoped would jump-start the economy, but he had also warned that power cuts could stifle growth and that a stable electricity supply was the government’s most pressing priority.
