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MTBPS: Government to slam brakes on public servant wage hikes
Budget guidelines propose a wage freeze for the next three years, among other options – including a new strategy for public sector pay.
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LIVE BLOG: Not true that R500 billion relief package entirely lost to corruption - Mboweni
All eyes are on Finance Minister Tito Mboweni as he tables his mid-term budget review in Parliament this afternoon.
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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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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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All eyes on Tito Mboweni ahead of mid-term budget review
Tito Mboweni will today reveal the extent of the government’s tax revenue shortfall, estimated at more than R300bn.
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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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WC govt urges Mboweni to prioritise education
The Western Cape Education Department said severe budget cuts by national government will further hamper the quality of education in the province.
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BJC accuses govt of focusing on debt reduction at expense of the economy
The coalition which, comprises various civil society groups, said over the past five years, resources for public services have been cut while additional public funds have been channelled towards poorly managed and non-performing state-owned entities.
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Budget Coalition: Govt's budget decison-making must consider voice of the public
The Budget Justice Coalition said decision-making around the budget must consider the voice of ordinary South Africans.
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PBC: Budget must focus on improving the composition of expenditure
The coalition, comprised of various civil society organisations, has called the report ‘an alternative human rights budget’.
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EFF calls for Ranjeni Munusamy to be removed from Treasury position
"The Economic Freedom Fighters rejects with contempt the appointment of Ranjeni Munusamy as the political secretary to the Minister of Finance," the EFF said in a statement.
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Parliament approves Mboweni’s request to postpone mid-term budget review
The National Assembly’s programming committee on Thursday agreed that Mboweni could now table the MTBPS and related legislation on Wednesday 28 October.
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Vavi: Further budget cuts would be an assault on the poor
The Saftu leader says expected budget cuts next week would be more drastic than those that came earlier this year.
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'Close the hippo's mouth': Mboweni warns citizens to live within their means
The Finance Minister revealed Treasury estimates suggesting revenue for the year would contract by more than R300 billion.
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Finance Minister Tito Mboweni to table MTBPS on 21 October
Tito Mboweni is expected to use the occasion to chart a way forward for the country’s economic recovery.
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Cosatu’s Zingiswa Losi calls on finance minister to resign
Cosatu has had a fractious relationship with the minister since his appointment after his department adopted an austerity budget, which seeks to slash the public service wage bill R160 billion in the next three years.
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SA's economy could shrink more than forecast : Mboweni
The economy of Africa's most industrialised nation contracted by more than half in the second quarter of this year, an unprecedented decline caused by anti-coronavirus restrictions.
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Outa: E-tolling system has failed and Sanral should take blame, not the public
This is in response to the roads agency's CEO Skhumbuzo Macozoma calling for a final decision on the future of e-tolls, which should be in the interest of the entire country and the economy.
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Cosatu labels Mboweni a ‘liability' and calls on Ramaphosa to act, but can he?
Mboweni has been publicly reprimanded by President Cyril Ramaphosa after he used Twitter to comment on the sacking of Zambia’s central bank governor.
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Ramaphosa reprimands Mboweni for speaking against removal of Zambia’s governor
President Edgar Lungu dismissed Governor Denny Kalyalya on Saturday and Mboweni is demanding an explanation.
