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KZN Education Dept wants Motshekga to pressure Mboweni on extra R1bn funding
KZN Education MEC Kwazi Mshengu has told Eyewitness News that it will be impossible to accomodate more grades without additional funding.
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Mboweni expected to paint bleak picture in 'emergency' budget
Finance Minister Tito Mboweni will unveil his special adjustment budget during a joint sitting of Parliament at 3pm this afternoon.
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Mboweni to detail way forward for SA with 'emergency' budget
Finance Minister Tito Mboweni will be providing details on the R500 billion relief package that the government intends to help businesses and individuals survive at a time when the country is experiencing record levels of unemployment.
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DA: Mboweni's budget must restore resilience and address debt crisis
The Democratic Alliance (DA) wants Finance Minister Tito Mboweni to present a budget that builds "national resilience" and is able to weather the economic storm of COVID-19.
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What to expect from Finance Minister Mboweni’s special Budget Speech
Finance Minister Tito Mboweni will deliver a special Budget Speech to the nation on Wednesday. EWN finance journalist Arabile Gumede explains what’s likely to be on the top of the agenda. #CoronavirusSA #Budget #TitoMboweni
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Mboweni's budget expected to shed light on govt's plan for COVID-19 hit economy
South Africa, now on level three, has one of the longest lockdowns in the world and the impact has been devastating, with thousands of people losing their jobs as businesses crumble under financial pressure.
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Mboweni to table emergency Budget on 24 June
The impact of the COVID-19 pandemic and efforts to deal with it means that the Budget that Finance Minister Tito Mboweni tabled in February has to be substantially revised.
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NCOP ratifies Division of Revenue Bill paving way for revised budget
The Division of Revenue Bill shares revenue between national, provincial and local government.
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FFC: Mboweni's February Budget no longer attainable
The Financial and Fiscal Commission (FFC) painted a bleak picture of the impact of the COVID-19 crisis on the economy, which was already struggling before the virus arrived in March.
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Mboweni says can't support policy that discriminates against white tourism firms
Trade union Solidarity and lobby group AfriForum want the Constitutional Court to urgently hear their appeal against the Pretoria High Court’s recent decision to uphold Kubayi-Ngubane’s stance.
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Mboweni hints at possible salvage plan for SAA
South African Airways (SAA) is in business rescue, but the government and trade unions have been in talks about establishing a new national carrier, which is financially viable.
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Mboweni warns lockdown could see millions lose jobs, says some SOEs to be sold
Finance Minister Tito Mboweni told Parliament’s finance committees that the lockdown had brought the economy to a virtual standstill and that the government could not collect revenue.
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SA seeking additional R95 bln for fight against COVID-19
The country has approached the International Monetary Fund (IMF), the World Bank, and African Development Bank to source funding that will contribute to its R500 billion rescue package.
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SA Reserve Bank to invest additional R300 bln to save SA economy -Mboweni
Minister Mboweni said an extra R300 billion will be invested in the economy by the South African Reserve Bank over the period of the COVID-19 crisis.
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LIVE BLOG: Social grant top ups a temporary measure not permanent - Mboweni
Finance Minister Tito Mboweni will on Friday afternoon provide details on the R500 billion COVID-19 economic relief packages announced by President Cyril Ramaphosa earlier this week.
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Mboweni: Govt's COVID-19 economic measures at over R800 bn
The Finance Minister has also announced that the government would be pouring more money into the health budget.
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Mboweni optimistic of rapid upswing in economic growth after deep recession
Finance Minister Tito Mboweni doesn't doubt that COVID-19 would further deepen the country's economic downturn.
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IIF urges SA to seek IMF funding, EFF rejects Mboweni finance suggestion
The Institute of International Finance said that it expected South Africa's economy to contract by 2.5% in 2020 but said that waning demand, travel restrictions and pandemic-related closures could lead to a deeper recession.
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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.
