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zero-based budgeting

SA’s economy expected to contract by 7.2% in 2020
Business
/ 24 June 2020

SA’s economy expected to contract by 7.2% in 2020

The economy is in a depressed state, and Finance Minister Tito Mboweni has called for cautious use of the country’s finances to avert plunging into a sovereign debt crisis

By Tshegofatso Mathe and Thando Maeko
Mboweni to further tighten the belt in his budget
Business
/ 23 June 2020

Mboweni to further tighten the belt in his budget

The finance minister will cut departments’ allocations according to their cloth as one measure, and savings will have been made from underspend during the lockdown

By Thando Maeko and Tshegofatso Mathe

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