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Hard lockdown had a significant effect on Sars’ revenue collection - Kieswetter
Edward Kieswetter on Thursday said that imports decreased, with local VAT also affected during the hard lockdown, adding that the tax base was also getting smaller.
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Inside the 2020 medium-term budget policy statement
Take a look at the key figures announced by Finance Minister Tito Mboweni during his medium-term budget policy statement on 28 October 2020.
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Mboweni: SAA funding the fulfillment of an obligation as SAA’s shareholder
SAA is not the only state-owned enterprise (SOE) that will get funds from the fiscus. Various SOEs will be funded to the tune of more than R20 billion over the next few years.
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Mboweni relying on public sector wage bill reduction to shrink budget deficit
Finance Minister Tito Mboweni warned that public finances needed to be rehabilitated as efforts went into helping the economy to recover from the COVID-19 pandemic and lockdown.
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READ: Tito Mboweni’s medium-term budget policy statement
The Finance Minister delivered his medium-term budget policy statement in the National Assembly on 28 October 2020.
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100% tax increase on tobacco products will kill industry - SATTA
The SA Tobacco Transformation Alliance said the industry was bleeding as a result of the COVID-19 lockdown, which saw a ban on the sale of all tobacco products for months.
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Tito Mboweni and closing the hippo’s mouth: MTBPS 2020
The Finance Minister delivers an ambitious Medium-Term Budget Policy Statement that will shift government’s priorities, and slash spending.
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WATCH LIVE: Tito Mboweni delivers MTBPS
The Finance Minister is expected to paint a grim picture of the current state of the economy, which was already limping when the COVID-19 lockdown brought it to its knees.
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JUDITH FEBRUARY: There’s simply no silver bullet to fix SA’s economy
South Africa talks far too much and does far too little. The time for endless discussion on economic policy must surely be over, writes Judith February.
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Transnet sees 1.3% revenue rise, says committed to helping economy grow
The logistics firm has posted a 1.3% increase in revenue for the 2020 financial year from R74 billion to R75.1 billion.
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Cabinet: Farm attacks pose a threat to SA’s food security
There has been a raging debate over the fate of South African farmers following invasions and killings across the country.
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WATCH LIVE: Deputy President Mabuza answers questions in Parliament
Deputy President David Mabuza is answering questions related to the state of the economy and investment in Parliament.
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Solidarity Fund raised over R3bn since its launch 7 months ago
The fund has so far allocated R2.2 billion to various projects.
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ANALYSIS: Lockdown didn’t work in SA: Why it shouldn’t happen again
The data concerning both the spread of the virus and the indirect consequences of the lockdown indicates that no similar action is justified moving forward.
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Ramaphosa's economic promises heard many times before - DA
President Cyril Ramaphosa said that infrastructure, electricity and industrial growth were also the main pillars of the new economic recovery plan, with R100 billion allocated by government to stimulate employment.
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‘We must get people back into work’ – 5 key points from the economic recovery plan
President Cyril Ramaphosa delivered an economic recovery plan for the country. This comes after South Africa was put on lockdown for almost 6 months, leading to a strained economy. Here are five important points you should know.
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Govt's allocated R100 billion to stimulate jobs, says Ramaphosa
According to Statistics South Africa, about 2.2 million South Africans were left without work in the first quarter with many companies forced to shut their doors as the economy was grounded to a halt due to the lockdown.
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READ: President Ramaphosa's economic recovery plan for SA
On Thursday the president addressed a joint sitting of Parliament on South Africa’s economic reconstruction and recovery plan.
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President Ramaphosa's economic recovery plan has strong focus on jobs
The president is focusing on four key areas as he tables his economic recovery plan to a joint sitting of Parliament.
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WATCH: We must get our people back into the jobs they lost, says Ramaphosa
President Cyril Ramaphosa is presenting government's coronavirus economic recovery plan to a joint sitting of Parliament.
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SA’s economy has both potential and capability to recover - Dtic
The president is expected to address the two houses of Parliament at 2pm.
