INSIDE LABOUR | Time for a real democracy

The coronavirus pandemic has exacerbated inequality, which was all the more evident in Minister Tito Mboweni's supplementary budget, says...

26 Jun

Treasury targets narrowing of budget gap from next year

The planned fiscal consolidation would require raising an additional R40 billion in tax revenue over the next four years.

01 Jul

OPINION | Every Budget heralds major infrastructure spend. Where is the infrastructure?

While every Budget and SONA has heralded major infrastructure spend for years now, little has happened on the ground, says Mohau Mphomela.

26 Jun

FIN24 SPEAKS | SA's adjustment budget with Thabi Leoka and Sifiso Skenjana

Fin24 editor Ron Derby talks supplementary budget with Thabi Leoka and Sifiso Skenjana.

24 Jun 2020

LIVE

WRAP | As Covid-19 wreaks havoc on public finances, Mboweni vows govt will stabilise debt

The finance minister says SA's economy is expected to shrink by 7.2% this year while tax revues will plunge as a result of the economic...

24 Jun

Khaya Sithole | SA should approach multilateral institutions with eyes wide open

Khaya Sithole says while South Africa may be desperate to get assistance from the IMF, the World Bank and the New Development Bank, it...

25 Jun

Greece, Zimbabwe, post-war Germany: How Mboweni sees SA if urgent reforms aren't rolled out

Greece, Argentina, post-war Germany and Zimbabwe are some of the scenarios the finance minister painted on Wednesday as he described SA's...

24 Jun

ANC leadership supports talks with IMF for a loan - Mboweni

Finance Minister Tito Mboweni says talks with the IMF have reached a point where its staff with meet with the executive board to extend...

24 Jun

SA to miss tax target by over R300bn

Government has revised down the tax revenue projection from R1.43 trillion because of the effects of Covid-19.

24 Jun 2020

Mboweni squeezes out more money for municipalities to fight Covid

Minister of Finance Tito Mboweni says municipalities will adjust their budgets to take into account the sharp decline in revenue as a...

24 Jun

Devastation for SA economy, but 'much ado about nothing' for the rand

Much of the bad news was already priced in, leaving a relatively quiet day for the local currency.

24 Jun

SA economy to see worst contraction in 90 years

The SA economy is expected to contract by 7.2%, the largest contraction in nearly 90 years.

24 Jun

Mboweni says state still spying savings around public wage bill

Half of all consolidated revenue goes towards the compensation of workers in the public sector, the minister has said.

24 Jun

Jobs emergency is South Africa's greatest challenge, Mboweni warns

The budget comes as observers expect the economic fallout from the Covid-19 pandemic and the subsequent national lockdown to hammer jobs...

24 Jun

OPINION | Mboweni's adjustment budget is a chance to increase - not cut - public wages

No trade union worthy of its existence can even consider entering into a discussion to worsen the terms and conditions of work of its...

24 Jun

In charts: Mboweni's tough budget task

Finance Minister Tito Mboweni will deliver a special adjustment budget on Wednesday, the first of its kind in at least 27 years.

24 Jun

Daniel Silke | Time's up, Minister Mboweni

South Africa's current predicament is the stuff of budgetary nightmares, says Daniel Silke.

24 Jun

Ron Derby | A job for the Mboweni of yesteryear

Finance Minister Tito Mboweni has a lonely job ahead of him, and we need to see the drive he's shown us in the past, says Ron Derby.

24 Jun