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South Africa: Minister Tito Mboweni - Media Briefing On Economy and Coronavirus COVID-19
Govt of SA, 14 April 2020
Introduction Read more »
South Africa's Tough Choices to Stem COVID-19 Economic Challenges
South Africa's Finance Minister Tito Mboweni has met with parliament to discuss further measures and proposals to keep the country's economy going despite dire financial conditions caused by the COVID-19 outbreak which has impacted the entire world. Among the expected proposals will be the selling-off of state-owned entities like national carriers South African Airways and South African Express that may free the government from pouring billions into a bottomless pit and the temporary increase of pensioner allowances to assist those in need during the lockdown period which has been extended to April 30, 2020.
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South Africa: Govt Is Bent On Austerity - There's a Strong Case That It Should Change Tack
The Conversation Africa, 14 April 2020
As government, economists, activists, business leaders and the public debate the size and scope of government support to the COVID-19 hit economy, it is worth asking a simple… Read more »
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South Africa: Country Still Has Choices as COVID-19 Impacts On Poverty and Income
ISS, 14 April 2020
Presenting South Africa's budget vote in Parliament on 26 February, Finance Minister Tito Mboweni forecast that the country would grow by 0.9% in 2020 and at an average of just… Read more »
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South Africa: There Is a Dire Need to Boost SA's Stimulus Package
Democracy Works, 14 April 2020
To prevent Covid-19 from destroying their economies many dynamic countries have introduced large emergency economic stimulus packages that comprise significant proportions of their… Read more »
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South Africa: Moody's Should Not Be Made the Scapegoat for Government's Failures
Daily Maverick, 15 April 2020
Moody's recently downgraded South Africa to sub-investment grade, resulting in much local criticism of the rating agency. But Moody's was justified in taking this action, and the… Read more »
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South Africa: Growth Uber Alles, Dammit - Mboweni Promises Structural Reforms - Again
Daily Maverick, 15 April 2020
As the government prepares to announce a second tranche of economic support measures, Finance Minister Tito Mboweni stresses that higher growth is urgent and unless urgent… Read more »
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South Africa: Airline in Dire Straits After Minister Turns Down Funding Request
Daily Maverick, 15 April 2020
Public Enterprises Minister Pravin Gordhan has turned down a request from SAA's business rescue practitioners for an additional R10-billion funding. At the same time, Finance… Read more »
InFocus
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President Cyril Ramaphosa has extended the 21-day lockdown to April 30, 2020. In his address to the nation last night, Ramaphosa said: "We are only at the beginning of ... Read more »
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On the back of President Cyril Ramaphosa announcement of a lockdown in South Africa, Trade and Industry Minister Ebrahim Patel has expanded on the measures that will be taken by Read more »
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As the world feels the economic and social impact of COVID-19, South Africans awoke to the news that rating agency Moody's downgraded the economy to junk status, essentially ... Read more »
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President Cyril Ramaphosa told the country in a nationwide broadcast that this action was "urgently and drastically" needed to prevent novel coronavirus infections from escalating ... Read more »
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Since President Cyril Ramaphosa's announcement of a lockdown in South Africa, the call to stay indoors has not been heeded in some communities and police and military have been ... Read more »
