Zero Based Budgeting
latest news & developmentsSA’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
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