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LATEST Budget  

News and coverage of South Africa’s most recent and past budget policy statements, speeches and related articles.
Government bails out SAA again

Government bails out SAA again

28 Oct 2020 /  Roy Cokayne   22
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

Mboweni finally moves to slash government wage bill

28 Oct 2020 /  Suren Naidoo   24
To bring SA’s debt and budget deficit under control.
Treasury’s 2020 GDP forecast revised down to 7.8% decline

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

28 Oct 2020 /  Suren Naidoo   
But expects 3.3% growth next year.
Mboweni manages to maintain budget deficit forecast at 15.7% of GDP

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

28 Oct 2020 /  Suren Naidoo   3
In the face of concerns that it could widen further.
LIVE ARCHIVE: Tito Mboweni tables MTBPS 2020

LIVE ARCHIVE: Tito Mboweni tables MTBPS 2020

UPDATE
28 Oct 2020 /  Footage: Courtesy of SABC   10
Read the finance minister's MTBPS speech in full.
Mboweni’s tough budget task laid out in charts

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

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?

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

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

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?

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.
SA may give more funds to state arms company and govt lender

SA may give more funds to state arms company and govt lender

26 Oct 2020 /  Loni Prinsloo and Antony Sguazzin, Bloomberg   3
The Treasury declined to comment, saying any announcements will be made when the medium-term budget policy statement is presented on October 28.
Wealth tax among Mboweni’s options to fund SA’s budget

Wealth tax among Mboweni’s options to fund SA’s budget

26 Oct 2020 /  Prinesha Naidoo and Sarina Yoo, Bloomberg    32
Budget-gap forecasts jumped even before the coronavirus struck.
Derby punts Transnet dividend payouts and zero-based budgeting

Derby punts Transnet dividend payouts and zero-based budgeting

26 Oct 2020 /  Suren Naidoo   10
Lifestyle audits and concession opportunities for the private sector also set to feature in unprecedented overhaul of the group.
The show must go on …

The show must go on …

25 Oct 2020 /  Nazrien Kader   9
The need for decisive, urgent action has never been more critical.

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