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News and coverage of South Africa’s most recent and past budget policy statements, speeches and related articles.

SA bails out insolvent state airline with R10.5bn

28 Oct 2020 /  Paul Vecchiatto, Bloomberg   8
To implement its rescue plan, taking money from other government departments.

MTBPS: Eskom receives R23bn in financial support

28 Oct 2020 /  Roy Cokayne   1
But government allocation for the power utility has been reduced by R4.2bn over the medium term.

SA plans wage freeze to lower budget deficit

28 Oct 2020 /  Olivia Kumwenda-Mtambo, Mfuneko Toyana, Wendell Roelf, Reuters  
As it earmarks massive expenditure cuts to reign in a soaring budget deficit.

Government bails out SAA again

28 Oct 2020 /  Roy Cokayne   15
Airline will receive R6.5bn to settle its guaranteed debt and R10.5bn to implement its business rescue plan.

Mboweni finally moves to slash government wage bill

UPDATE
28 Oct 2020 /  Suren Naidoo   18
To bring SA’s debt and budget deficit under control.

Mboweni manages to maintain budget deficit forecast at 15.7% of GDP

28 Oct 2020 /  Suren Naidoo   2
In the face of concerns that it could widen further.

Treasury’s 2020 GDP forecast revised down to 7.8% decline

28 Oct 2020 /  Suren Naidoo   
But expects 3.3% growth next year.

LIVE ARCHIVE: Tito Mboweni tables MTBPS 2020

UPDATE
28 Oct 2020 /  Footage: Courtesy of SABC   9
Read the finance minister's MTBPS speech in full.

Mboweni’s tough budget task laid out in charts

28 Oct 2020 /  Prinesha Naidoo, Bloomberg    4
A look at what the Finance Minister faces when he presents the country’s third set of budget plans this year on Wednesday.

Concerns about impact of increased taxes on declining tax morality

28 Oct 2020 /  Amanda Visser   14
...and emigration, as Mboweni steps up to present his mini-budget today.

MTBPS 2020: What can be expected?

27 Oct 2020 /  Duduzile Ramela  
Sanisha Packirisamy – Economist, Momentum Investments and David French - Tax Consulting Director, Mazars.

Rand hits seven-month high ahead of Mboweni’s medium-term budget

27 Oct 2020 /  Suren Naidoo   7
Currency firms to best level against the US dollar since Covid-19 lockdown.

Wary SA stock investors look to budget for action

27 Oct 2020 /  Adelaide Changole   1
Mboweni’s budget is expected to support the objectives Ramaphosa outlined in his October 15 address to lawmakers.

What will Mboweni’s 2020 medium term budget offer?

27 Oct 2020 /  Tendani Mantshimuli   11
Finance minister expected to share the extent of tax revenue deterioration and the impact of unprecedented spending on debt levels.

The Budget Speech explained
Moneyweb’s 2020 national budget offering, including infographics and audio ratings, as well as past budget coverage....

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