Mid-term budget may come a day early – finance minister  

Minister changes the date to accommodate President Cyril Ramaphosa’s travel plans.
Finance Minister Tito Mboweni announces possible change of date of mid-term budget speech. Image: Moneyweb

Finance Minister Tito Mboweni said on Thursday that South Africa’s mid-term budget may be presented on October 29, a day earlier than scheduled, to accommodate President Cyril Ramaphosa’s travel plans.

The mid-term budget covers fiscal planning for the coming three years.

“The … budget policy statement is likely to be presented earlier than the 30th of October,” Mboweni told a meeting to discuss policy proposals on how to boost the economy.

“It turns out (Ramaphosa)… may be out of the country so we’re going to have to pull back the date.”

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Yet another example of the government and its clueless lot. How difficult is matching a diary for this annual event. Hope Cyril and Tito get their act together in February next year

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