-
South Africa: More Questions Than Answers in Tito Mboweni's Grim Emergency Budget
Daily Maverick, 25 June 2020
Finance Minister Tito Mboweni grimly warned of a debt crisis if no action was taken. While exact numbers were put to the Covid-19 measures for, among others, small businesses,… Read more »
-
South Africa: Cosatu Slams Mboweni's Budget While Opposition Parties Are Left Uninspired
News24Wire, 24 June 2020
While opposition parties were generally uninspired by Finance Minister Tito Mboweni's supplementary budget he delivered on Wednesday, his most strident criticism came from within… Read more »
-
South Africa: SA Debt Levels to Surge, but Tito Mboweni Vows to 'Close the Mouth of the Hippopotamus'
Daily Maverick, 24 June 2020
South Africa's debt levels will surge during 2020 as the economy contracts over 7% in the face of the Covid-19 pandemic, said Finance Minister Tito Mboweni in his supplemental… Read more »
-
South Africa: Mboweni Starves Most SOEs of Additional Funding to 'Close the Hippo's Mouth'
Daily Maverick, 24 June 2020
Finance Minister Tito Mboweni has a soft spot for the Land Bank, a state-owned specialist lender to commercial and emerging farmers. He has thrown the Land Bank a R3-billion… Read more »
-
South Africa: Government Adopts Zero-Budgeting Approach to Cut Spending
SAnews.gov.za, 24 June 2020
Finance Minister Tito Mboweni has announced a zero-budgeting approach that will see government cutting spending on programmes it can no longer afford. Read more »
-
South Africa: Economy Expected to Contract By 7.2 Percent This Year
SAnews.gov.za, 24 June 2020
Finance Minister Tito Mboweni says as a result of the COVID-19 pandemic, the country's economy is projected to contract by 7.2% in 2020. Read more »
-
South Africa: Text of Minister Tito Mboweni's 2020 Supplementary Budget Speech
Govt of SA, 24 June 2020
Supplementary Budget Speech by Tito Titus Mboweni, MP Minister of Finance Read more »