BUDGET WRAP | Mboweni holds off on major tax increases, promises R19.3 billion for vaccine rollout
24 Feb 2021
Budget: Municipalities are in for tougher times, local govt organisation warns Parliament
The South African Local Government Association said the 0.4% decline in equitable share in this year’s budget will add up to tough times...
INSIDE LABOUR | Poor masses again fed crumbs as war brews on labour front
Finance Minister Tito Mboweni had the opportunity in his budget to use tax to the benefit of the many, but instead chose to continue...
Daniel Silke | How did Mboweni put an optimistic spin on calamity?
Finance Minister Tito Mboweni actually made a pretty calamitous situation almost seem positive, says Daniel Silke.
'Austerity'? Mboweni slams critics, citing balancing act between grants and fiscal stability
Treasury officials on Thursday briefed members of Parliament on the recently tabled budget review. They were grilled on social grants,...
RON DERBY | Surprise at Tito Mboweni's better than expected budget speech
Dire warnings led SA to expect the worst for this week’s budget. This explains the level of surprise at the better-than-expected speech...
Did Mboweni miss a trick? Were you pleasantly surprised? Have your say
What did you think about the Budget statement, given all the priorities Mboweni had to balance? Are you satisfied that the right changes...
Khaya Sithole | A shot in the arm for SARS, a breather for taxpayers
In a rather surprising twist, Mboweni and his team abandoned the course mooted in October and actually offered tax relief, says Khaya...
Municipalities that don't spend government grants could lose out
Provinces or municipalities not spending their allocated grants from national government - or not complying with grant conditions - could...
BUDGET | Plenty of 'welcome' surprises but did Mboweni dig himself a hole with social grants?
Despite the applause around allocations for Covid-19 vaccines and government debt, the public wage bill and the cut in social grants...
Mboweni unapologetic about social grants: We pay 'what we could afford'
Finance Minister Tito Mboweni said the social grants budget has been reduced by 2.2% while the number of beneficiaries is expected to...
WATCH | South Africans to fork out more tax for booze, tobacco
South Africans have been spared increases on their direct taxes, but they will have to fork out more money for alcohol and tobacco products.
More job cuts looming as 8% sin tax further empties battered liquor industry's cup
The alcohol industry - which pays an average of R2.5 billion in excise tax every month - has been pleading with government to halt the...
OPINION | Put the Budget positives in perspective
The tax shortfall is north of R200 billion, the largest on record. This puts the positives in perspective and highlights that the road...
There is always room to talk, Treasury says amid public wages court challenge
Finance Minister Tito Mboweni said the state of the public service wage bill negotiations were not taking place under a state of divide...
Rand strengthens slightly on the back of Mboweni's Covid-19-era Budget speech
The rand dipped towards R14.50/$ after Finance Minister Tito Mboweni's Budget speech, but maintained an overall positive response.
Mboweni spies public service savings as court battle looms
Finance Minister Tito Mboweni said government would not budge from its plans to wrest the public service wages in multiple ways,...
SARS allocated additional R3 billion to drive digital strategy, clamp. down on non-compliance
Efforts are being made to rebuild the capacity at SARS – as such it has been allocated an additional R3 billion to modernise its...
Energy production a laggard in our recovery hopes, budget shows
Finance Minister Tito Mboweni said energy reforms were afoot to assist Eskom with improving its capacity to provide electricity for South...
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The biggest business, economic and market news of the day, by Fin24 deputy editor, Ahmed Areff.
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