South Africa Awaits Medium-Term Budget Amid Unemployment Hike
South Africans will be waiting to hear what Finance Minister Tito Mboweni's plans will be to cut unemployment, which according to StatsSA, is at an 11-year high of 29,1%. The minister will deliver the Medium-Term Budget Policy Statement in Parliament today and the finance ministry says it will "provide the country, and its elected representatives an update on national treasury's assessment of the current economic climate and outlook".
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South Africa:
Tough Times - and Bad Advice - Are Holding Back Economy
The Conversation Africa, 29 October 2019
Over the past decade South Africa's public finances have come under more and more strain. The days when the economy was growing and former finance minister Trevor Manuel brought… Read more »
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South Africa:
Mboweni's Mini-Budget - Walking the Tightrope Between Economic Reality and Political Contestation
Daily Maverick, 28 October 2019
Wednesday's Medium-Term Budget Policy Statement, colloquially dubbed mini-Budget, is not about getting a glimmer of good news. There is little to none. It's about indications of… Read more »
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South Africa:
Crunch the Numbers - the Tax Base Is Not Dwindling
Daily Maverick, 28 October 2019
The number of taxpayers who contribute to the tax base is also increasing and commentary that states otherwise seems to emanate from a misunderstanding of the concept of assessed… Read more »
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South Africa:
South Africa's MTBPS Needs to Win Next Year - and in the Medium Term
Daily Maverick, 23 October 2019
This weekend, my household, like many others in South Africa, was fixated on the rugby. By half-time, my eight-year-old daughter was trying to understand who was playing better.… Read more »
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South Africa:
Treasury Confirms Mini Budget Date
SAnews.gov.za, 22 October 2019
Finance Minister Tito Mboweni will table the Medium-Term Budget Policy Statement (MTBPS) in Parliament 30 October 2019, said the Ministry of Finance. Read more »
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South Africa:
Mboweni - Implementation Key to SA's Economic Growth
SAnews.gov.za, 17 October 2019
Finance Minister Tito Mboweni says the country needs to work on the implementation of policies if it is to realize improvements and growth in the country's sluggish economy. Read more »
InFocus
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The World Economic Forum on Africa is an opportunity for leaders to engage on the state of global, African and South African economies, says South African Finance Minister Tito ... Read more »
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South African Finance Minister Tito Mboweni has published proposals to boost economic growth by an additional 2.3 percentage points above forecast over the next decade and to ... Read more »
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In a hard-hitting Budget that bluntly put a daily R1-billion price tag on borrowing costs, Finance Minister Tito Mboweni pulled off a political juggling act "in the interest of our ... Read more »
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The thread that ran through newly appointed Finance Minister Mboweni's midterm Budget is the expectation that President Cyril Ramaphosa's economic interventions could boost the ... Read more »