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Business

Graphic: 2020 estimates of national expenditure

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See how much each department has been given as their slice of the pie by Finance Minister Tito Mboweni
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State can’t yet afford wealth fund

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Despite the government’s announcement of a R30-billion sovereign wealth fund, analysts are questioning its utility in a time of increasing debt
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Pepsi’s Pioneer acquisition is not healthy

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The move may provide a short-term economic boost, but it also has long-term health costs
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Budget 2020 — Tito squares up to unions with wage cuts

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Finance minister warns “we cannot have all things we want at the same time” and tables cuts in things like the public wage bill in a R1.84 trillion budget
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Ratings agencies might give SA a ‘klap’ — Mboweni

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Finance minister warns that government’s increased debt could mean ratings agencies downgrade the country’s credit worthiness to junk
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Sars expects to collect less revenue for the year

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The revenue service is expecting another year of tax undercollection thanks to weak economic growth and strained consumers.
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READ IT IN FULL: Mboweni’s budget speech

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Here is the finance minister's address on the 2020 budget
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LIVESTREAM: Mboweni delivers budget speech

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Watch: The finance minister delivers the budget less than two weeks after the president's state of the nation address
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Dan Matjila’s grand plans to save Eskom

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The former PIC chief muses over PIC debt-for-equity, privatisation and selling off power stations
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Moody’s axe likely to fall on ordinary South Africans

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The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27
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‘US good, China bad’ is Pompeo’s message to Africa

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During his African tour this past week, United States Secretary of State Mike Pompeo talked up Washington’s ability to stimulate growth and entrepreneurship on the continent.
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A spoonful of sugar makes taxes go up

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NGO Heala is asking for the health-promotion levy to be hiked, while also dismissing claims by the sugar industry that this will cause job losses
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Press Releases

Special Reports

Scatec Solar begins another Upington project

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SPONSORED Scatec Solar and partners have once again grid connected in the ZF Mgcawu District, and started early...
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Government of Lesotho Ministry of Health: Request for Expression of Interest

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Request for Expression of Interest
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Kingdom of Lesotho, Ministry of Health Request for Expression of Interest

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Request for Expression of Interest
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Special Reports

Over R400-m given to businesses since launch of three-minute overdraft

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The 3-minute overdraft radically reduces the time it takes for businesses to have their working capital needs met
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Special Reports

Tourism can push Africa onto a new path – minister

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The continent is fast becoming a dynamic sought-after tourist destination
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Special Reports

South Africa’s education system is broken and unequal, and must be fixed without further delay

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The Amnesty International report found that the South African government continues to miss its own education upgrading targets
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Business travel industry generates billions

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Meetings Africa is ready to take advantage of this lucrative opportunity
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Special Reports

Conferences connect people to ideas

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The World Expo and Meetings Africa are all about stimulating innovation – and income
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