Latest articles on Budget Speech

Tito’s budget tries to boost economic growth and arrest debt

Government spending has reached a record 41.7% of GDP, and the budget deficit has widened from 5.7% in 2019 to an estimated 14%

READ IT IN FULL: Mboweni’s 2021 budget speech

Read the finance minister's address on the budget for 2021

Sona: Ramaphosa needs to choose state before party — Steenhuisen

DA leader John Steenhuisen has called for Ramaphosa to throw out what he termed an ‘outdated 20th century ideology of state control’

‘Don’t be afraid of fresh ideas’

The finance minister has found money for the Covid crisis, but the cupboard is bare and he warns that a fiscal crisis is possible in 2024

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

Coronavirus and the economy: We didn’t prepare for tough times

South Africa was well-placed for the 2008 crisis. But R3.18-trillion debt and low growth hamper its ability to limit the economic effects of Covid-19

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

State can’t yet afford wealth fund

Despite the government’s announcement of a R30-billion sovereign wealth fund, analysts are questioning its utility in a time of increasing debt

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

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

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Latest

Zuma foundation claims ex-president was prepared to testify, but Zondo played politics

Zuma’s namesake organisation twists facts and the law – he told Zondo he would answer questions but only in private to the deputy chief justice

President urges caution against more contagious Covid variant as SA moves to level 1

The curfew is shorter, alcohol sale times almost normal and more people can meet at religious, social, political and cultural gatherings

Zulu land body challenges audit outcome

Ingonyama Trust Board chairperson Jerome Ngwenya has challenged the audit process in the face of a series of unfavourable ratings

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