Eyewitness News
  • Eyewitness News
  • Search
  • Latest
  • Local
  • Elections
  • Coronavirus
  • Politics
  • Opinion
  • Business
  • Lifestyle
  • Sport
  • Video
  • Podcasts
Go
FILE: Finance Minister Tito Mboweni delivers his Medium-Term Budget Policy Speech in Parliament on 28 October 2020 in Cape Town. Picture: GCIS

Sovereign debt crisis

ANDREW DUVENAGE: Mid-term budget offers little reason for optimism

By Andrew Duvenage

Government has consistently failed to implement structural reforms which, despite being continually referenced, remain elusive, writes Andrew Duvenage.

  • FILE: Finance Minister Tito Mboweni delivers his Medium-Term Budget Policy Speech in Parliament on 28 October 2020 in Cape Town. Picture: GCIS.

    Mboweni: We cannot allow SA to move towards a sovereign debt crisis

    Finance Minister Tito Mboweni has presented the Medium-Term Budget Policy Statement (MTBPS) against the backdrop of growing national debt and an economy decimated by the COVID-19 pandemic.

    612 days ago
  • FILE: Finance Minister Tito Mboweni. Picture: GCIS

    Mboweni warns of sovereign debt crisis if govt debt not reined in

    A sovereign debt crisis is when a country cannot afford to pay any of the interest or the capital on amounts that it has borrowed, with dire consequences for the economy.

    723 days ago
  • FILE: Finance Minister Tito Mboweni. Picture: EWN

    Mboweni: SA must avoid a sovereign debt crisis

    The urgency of reining in the government’s spiralling debt was the overriding message from Mboweni’s special adjustment budget this week, and it was one he continued to hammer home.

    736 days ago
  • «
  • 1
  • »

Trending on EWN

FILE: Hundreds of thousands of motorists waited in miles-long queues across the country for petrol and diesel despite the energy ministry announcing fresh stocks would not arrive for at least three days. Picture: ISHARA S. KODIKARA / AFP

  1. Bankrupt Sri Lanka begins two week stutdown, opens IMF talks
  2. Unions: Eskom must improve 3 issues for wage talks to move forward
  3. Zim permits: Dept of Home Affairs welcomes withdrawal of legal challenge
  4. Western Cape air cargo recovers to 85% of pre-COVID-19 pandemic levels
  5. SA's Right-to-die Sean Davison released from house arrest
Tweets by @ewnreporter

On Air


Latest bulletin

Latest traffic report

Contributors

  • Eyewitness News
    Eyewitness News
    'Oscar Pistorius fulfills victim-offender dialogue with Steenkamps'
  • AFP
    AFP
    John Isner sets new world record for aces during Wimbledon match
  • Nokukhanya Mntambo
    Nokukhanya Mntambo
    Zim permits: Dept of Home Affairs welcomes withdrawal of legal challenge
  • Theto Mahlakoana
    Theto Mahlakoana
    Unions: Eskom must improve 3 issues for wage talks to move forward
  • Buhle Mbhele
    Buhle Mbhele
    Malema slams State’s line of questioning in assault trial

Let the news come to you. Subscribe to our daily newsletter.

Eyewitness News
  • Local
  • World
  • Politics
  • Sport
  • Business
  • Lifestyle
  • Opinion
  • Features
  • Video
  • Audio
  • Infographics
  • EWN Apps
  • EWN popup
  • Breaking News Alerts
  • Traffic
  • Newsletter Signups
  • RSS Feeds
  • Contact
  • Find us on Facebook
  • Follow us on Twitter
  • Follow us on Instagram
  • Comments Policy
COPYRIGHT 2022 ALL RIGHTS RESERVED | Terms & Conditions | Privacy | PAIA

Choose an EWN Twitter account

Follow @ewnreporter

Follow @ewnupdates

Follow @ewnsport

Follow @ewntraffic

Choose an EWN app

iOS

Android