Latest articles on Budget 2020

We must stamp out illicit trade to boost the fiscus

The fiscus loses millions each day because of illicit trade. Sars can’t tackle this problem alone: it is up to all citizens to play their part

Ramaphosa says recession announcement is ‘not a surprise’

President warns of tougher economic times ahead as the world’s leaders plan for a global economic slowdown

Graphic: 2020 estimates of national expenditure

See how much each department has been given as their slice of the pie by Finance Minister Tito Mboweni

PIC will only act for clients

The fund chairperson says while they may consider Cosatu’s plan to use state pensions to bail out Eskom, the deal has to be within its ambit

Tito’s pot-luck budget speech

We are in deep shit, but there’s some good news – and, of course, another missed opportunity to do the right thing

Unions slam move to cut wage bill

Cosatu rejects job losses and a wage freeze for public servants, calling this ‘a declaration of war’

Budget 2020: Sympathy for Mboweni from opposition as Cosatu rattles sabers

Political parties want more details on SOE bailouts, wage cutbacks

Budget 2020 — Tito squares up to unions with wage cuts

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

Ratings agencies might give SA a ‘klap’ — Mboweni

Finance minister warns that government’s increased debt could mean ratings agencies downgrade the country’s credit worthiness to junk

Sars expects to collect less revenue for the year

The revenue service is expecting another year of tax undercollection thanks to weak economic growth and strained consumers.

READ IT IN FULL: Mboweni’s budget speech

Here is the finance minister's address on the 2020 budget

LIVE BLOG: Fin Min Tito Mboweni presents the 2020 budget

The budget is usually scheduled for the second-last Wednesday in February, and the ratings agencies deliver their decisions after assessing the country’s plans for the fiscal year ahead

LIVESTREAM: Mboweni delivers budget speech

Watch: The finance minister delivers the budget less than two weeks after the president's state of the nation address

Dan Matjila’s grand plans to save Eskom

The former PIC chief muses over PIC debt-for-equity, privatisation and selling off power stations

Moody’s axe likely to fall on ordinary South Africans

The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27

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