Nearly half of jobs in Africa could be lost due to coronavirus, UN warns

2020-03-30 15:23

Nearly half of all jobs in Africa could be lost, the United Nations warns, and income losses are expected to exceed $220 billion in developing countries.

Moody's downgrade gives renewed impetus for structural reforms to economy - Mboweni

2020-03-29 20:34

The minister says it is not at the moment necessary to approach finance institutions, such as the World Bank, to access emergency health funding.

South Africa may approach IMF over coronavirus impact

2020-03-29 11:45

SA may approach the IMF for the first time ever to help deal with the fallout from the coronavirus outbreak, the Sunday Times reports, citing Finance Minister Tito Mboweni.

Tito Mboweni tweets: Hayibo! I've been told to stop tweeting

2020-03-12 15:18

Finance Minister Tito Mboweni has had his Twitter wings clipped - and he took to Twitter to moan about it.

'Game over' for Mkhwebane, suggests Mboweni after court sets aside report on CR17 campaign

2020-03-10 22:22

Making his views known once again on Twitter, Finance Minister Tito Mboweni seemingly believes Public Protector Busisiwe Mkhwebane should accept her fate and leave her office.

Cosatu affiliates call out Ramaphosa for not advancing pro-poor agenda

2020-03-03 17:43

President Cyril Ramaphosa is on the verge of losing some of his powerful allies within the trade union federation Cosatu after coming out in defence of Finance Minister Tito Mboweni's recent budget speech.

OPINION: In tough times, the government should spend more on reducing school dropout rates

2020-03-03 13:59

Reducing school dropout rate would help to maximise the value of young people in building the prospects of our nation, writes Merle Mansfield.

Mmusi Maimane: 'Two South Africas' divide best illustrated by our transport system

2020-03-02 11:33

We remain a nation of two halves; of insiders and outsiders; of rich and poor; of access and scarcity; of elites and the excluded, Mmusi Maimane.

Experts on expat tax: Too little, too late, Tito

2020-03-01 17:17

Budget 2020 includes 'a desperate attempt' to change the minds of those South Africans changing their tax residency to avoid expat tax, two experts say.

OPINION | SA is nearing an economic abyss and we must admit we are in a crisis

2020-02-28 16:15

Basically in a space of eight months the economic and fiscal policy outlook of South Africa had turned for the worst in a way that government was unable to contain. Are we in free-fall or are we directing the pace of decline? writes Lukhona Mnguni.

 

Adriaan Basson: Ngiyabonga South Africa, well done for locking down!

2020-03-30 06:00

The one positive aspect of this, even if some of the reading is quite depressing, is that it focuses the mind that we will get through this. There will be life on the other side of Covid-19, writes Adriaan Basson.

Mboweni's exceptional business tax measures to combat coronavirus impact

2020-03-29 16:34

Minister of Finance Tito Mboweni has announced a number of "exceptional tax measures as part of the fiscal package outlined by President Cyril Ramaphosa to fight the coronavirus pandemic.

Coronavirus: 4 points on Monday's inter-ministerial briefing on state of disaster

2020-03-16 19:56

Ramaphosa talks spread in poorer areas, implications for by-elections and disaster finances.

DA tables bill that aims to rein in debt, spending

2020-03-11 05:01

The bill puts obligations on the minister of finance to contain net loan debt within certain margins, ensure that a main budget surplus is in place and that compensation of employees does not expand to unmanageable levels.

Patel on budget cuts: We have to go further on less fuel

2020-03-04 07:43

The department of trade and industry's budget allocation has reduced by R700 million, with further cuts expected in coming years.

OPINION: South Africa’s economic recession is self-inflicted - and President Cyril Ramaphosa is to blame

2020-03-03 14:49

One decision, to allow private generation without the nasty bureaucratic hurdles at Nersa, would unlock a flood of investment in the South African market, writes James de Villiers.

Budget 2020 overview

2020-03-02 13:35

Head of Marketing Legal for Discovery Life and Discovery gave his assessment on the Budget Speech delivered by Finance Minister Tito Mboweni.

Adriaan Basson: We’ve run out of money and options - pensions will bail out Eskom

2020-03-02 06:00

It is clear to me that labour’s defence of jobs will not extend to the heavily bloated SOE management structures. Cutting just half of those Eskom managers will save the utility R800m per year. writes Adriaan Basson.

Tax Justice SA: Mboweni’s budget a picnic for tax dodgers

2020-02-29 14:33

Tax Justice South Africa head, Yusuf Abramjee said Mboweni's hikes on alcohol and tobacco duties would enable “criminals in the dark economy” to raise their prices accordingly and profit even more than before instead honouring their tax obligations.

OPINION: What does the Budget speech mean for social cohesion?

2020-02-28 16:14

Notwithstanding that Minister Tito Mboweni may have wanted to call it something else, the Budget Speech made it clear that we are now in austerity territory, writes Jaynisha Patel.

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