Finance minister tito mboweni
Cosatu: 2021 Budget is divorced from the reality for ordinary citizens
Cosatu’s Matthew Parks said South Africa not only had a debt crisis but was in its worst economic recession in 100 years.
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Budget doesn't support economic growth, says PBO
The PBO’s Seeraj Mohamed said that the spending cuts the government was planning over the next three years did not – as Treasury has argued - strike a balance between immediate support for the economy and shoring up the country’s public finances.
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Public sector trade unions demand CPI plus 4% as final wage demand submitted
The demands have been submitted to the general secretary of the Public Service Coordinating Bargaining Council (PSCBC).
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Black Sash calls for R350 COVID-19 grant to be extended by a year
Finance Minister Tito Mboweni confirmed this week that provision had been made by Treasury to extend the R350 grant for unemployed people until April this year.
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Informal traders want govt promises of support to township business realised
On Wednesday, Finance Minister Tito Mboweni announced the multi-billion rand investment to help hundreds of small businesses in townships and rural areas.
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Alcohol, tobacco industries 'shocked' as prices hiked on booze, cigarettes
During his 2021 Budget speech on Wednesday, Finance Minister Tito Mboweni announced that drinkers and smokers will be paying 8% more.
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Cosatu slates Mboweni budget as ‘disconnected from reality' and 'pro business'
Cosatu has criticised what it called Treasury’s failure to speed up economic development in order to create jobs, focus on supporting rural and township economies, and access to services.
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Sars' Kieswetter not concerned by Treasury not adding new tax collection streams
Commissioner Kieswetter said that despite there not being substantive tax hikes, there was still wiggle room to improve the efficiency of collection.
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Sasco calls on Minister Mboweni to avail more funds to students
Sasco was part of several civil organisations that took to the streets on Wednesday, ahead of the minister’s delivery of the 2021 budget speech.
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Mogajane: Govt wants to avoid public servant salary cuts at all costs
National Treasury Director-General Dondo Mogajane said that the economy had to grow and freezing public servants' wages was not enough.
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Sin tax hikes in the interest of health, explains Mboweni
The increase in excise duties on cigarettes and alcohol was fairly predictable, with Minister Tito Mboweni explaining their decision as one not only motivated by raising, but also in the interest of health.
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Govt to pull together all resources to pay for vaccine roll-out - Mboweni
Treasury has stressed the importance of a smooth vaccine roll-out, with no stops and starts to break the cycle of a surge in infections and lockdowns to curb them.
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Mboweni's budget dishonest, unaspiring, say opposition parties
The Democratic Alliance (DA)'s Geordin Hill-Lewis said that it was concerning that Mboweni did not mention what would happen to state-owned entities such as South African Airways (SAA).
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Mboweni walks the talk on pledge to halt bailouts to troubled SOEs
While South African Airways (SAA) will this year get R4.3 billion and Eskom more than R31 billion, this was money that was allocated in previous budgets and cannot be classified as new bailouts.
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Mboweni expected to detail COVID-19 vaccine compensation plan in Budget speech
During his budget speech on Wednesday afternoon, Finance Minister Tito Mboweni is expected to detail govt plans to compensate those who suffer adverse reaction to COVID-19 vaccination.
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Economists seeking evidence of fiscal consolidation, minimising debt in Budget
Finance Minister Tito Mboweni will deliver a difficult budget in Parliament this afternoon against the backdrop of an economy battered by COVID-19 and lockdowns and a day after unemployment figures revealed a rising number of jobless.
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Tax hike would be detrimental for battling S. Africans, warn opposition parties
Opposition parties said that all indications were that Finance Minister Tito Mboweni would slap South Africans with a tax increase.
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Public wage bill a major issue for Mboweni, trade unions ahead of Budget speech
Finance Minister Tito Mboweni has made no secret of his intention to slash the bill, which tripled between 2007 and 2019.
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Concerns over SA's fiscal cliff raised ahead of Mboweni's Budget speech
The fiscal cliff study group first warned of the danger several years ago. It defines the fiscal cliff as the point that is reached when public servants’ wages, social grant payments and debt-service costs soak up all government revenue.
