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South Africa
Greatest AfricansAfricaEducationJoburgSouth AfricaGreatest AfricansThe National Treasury has come to the defence of the cost containment measures for local government, saying they promoted better governance and management of finances in municipalities.The department published the regulations last week, ...
·almost 5 years ago
President Cyril Ramaphosa on Saturday issued a stern rebuke to Finance Minister Tito Mboweni and Gauteng Premier David Makhura following their heated exchange on social media over the contentious e-tolls saga. Mboweni and Makhura were em...
·almost 5 years ago
Public servants qualifying to take early retirement from the public service before they reach the age of 60 have until the end of September to do so. This was revealed by Public Service and Administration Minister Senzo Mchunu in a writt...
·almost 5 years ago
The restructuring drive for power utility Eskom, which has been identified by government as the biggest threat to economic growth and stability, has started in earnest, with Finance Minister Tito Mboweni hinting that the process would in...
·almost 5 years ago
Most South Africans are poor. But this does not prevent politicians treating them as though they don’t exist. The invisibility of poor people in the country, who are estimated to make up 55,5% of the population was on display recently as...
·almost 5 years ago
South Africa faces “significant risks” to its fiscal outlook, including weak economic growth and uncertain revenue collection, the National Treasury said in its 2019/20 annual performance report, put before Parliament yesterday. The econ...
·almost 5 years ago
Finance Minister Tito Mboweni is expected to table a Special Appropriations Bill to outline the key funding of cash-strapped Eskom. The tabling of the bill on Tuesday followed the announcement by President Cyril Ramaphosa of a R230billio...
·over 4 years ago
Data from the National Treasury shows that the budget deficit for the three months of the 2019/20 financial year ballooned to R57.5 billion from a deficit of R27.59bn in the comparative period of the 2018/19 fiscal year. The shortfall wa...
·over 4 years ago
Tito Mboweni on Tuesday published proposals to boost economic growth by an additional 2.3 percentage points above forecast over the next decade — and create at least a million jobs. Still, the economic policy paper’s release was an intri...
·over 4 years ago
The Minister of Finance, Tito Mboweni presented the Medium Term Budget Policy Statement (MTBPS) in Parliament on Wednesday. In his announced he stated that Government has made a commitment towards providing R10.5-billion to be used to ...
·over 3 years ago
If South Africans fear that funding political parties is a waste of money, they may care to think about the costs of not funding them. But, if they want value for their cash, the way parties get money needs to change. Party funding is...
·over 3 years ago
The Democratic Alliance (DA) calls on Minister of Finance, Tito Mboweni, to confirm or deny comments by Deputy Director General of Health, Anban Pillay, suggesting that the National Treasury was the primary culprit in delaying vaccine ac...
·over 3 years ago
Taxpayers will be relieved following the outlining of the 2021/22 budget speech by the Minister of Finance Tito Mboweni on Wednesday. In his speech, Mboweni said the Treasury will rollout the Covid-19 vaccination programme without relyi...
·about 3 years ago
This week South Africa’s finance minister Tito Mboweni will deliver the country’s medium term budget review. Governments in most developing countries use medium-term expenditure frameworks as fiscal policy instruments to match the i...
·about 3 years ago
On 24 February 2021 the Minister of Finance, Tito Mboweni delivered his 2021/22 budget speech in Parliament. Unlike his previous speeches in the House of Assembly, Mboweni broke rank with the analogy of the Aloe vera plant as a symbol of...
·about 3 years ago