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Alec Hogg was in lock-up for most of the day, and unpacks Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS).
In an entertaining press conference and his speech to Parliament, Mboweni laid out the case for pragmatism. Just like Gordhan the day before. And their boss has been doing for some weeks now.
Some pundits were expecting Mboweni to use today’s MTBPS to shuffle part of Eskom’s R441bn debt onto the Government balance sheet. He didn’t.
As usual, finance minister Tito Mboweni peppered today MTBPS address with his trademark straight talk. Here are some of the most memorable…
Treasury is now forecasting the economy will grow at 0.5% in 2019 – one third of the rate expected during February’s main Budget address.
Finance Minister Tito Mboweni tabled the twenty‐third Medium Term Budget Policy Statement of the democratic era. Here’s his full speech.
Ann Bernstein lists the key things to watch out for in the medium term budget and it centres on spending plans, the government wage bill and who would be in charge of scarce resources.
Researchers at the esteemed Helen Suzman Foundation remind us that past promises in February from finance ministers have counted for little.
Two and a half hours after finance minister Tito Mboweni’s presentation of the 2019 Budget to Parliament, hundreds of Biznews community members joined in our webinar with editor Alec Hogg.
A rescue plan for embattled power utility Eskom calmed traders’ nerves as it appeared to avert a South African credit-rating downgrade from Moody’s.