On 26 February, Finance Minister Tito Mboweni, presented his National Budget to Parliament against a backdrop of weak economic growth, coupled with high unemployment, a sluggish economy and a looming credit ratings downgrade...
Bernard Sacks 18 Jun 2020
At the core of this year's budget proposals from South Africa's national treasury is the admission that national debt is no longer expected to stabilise...
Seán Mfundza Muller 28 Feb 2020
"Ex Africa Semper aliquid novi," winning requires hard work, focus, time, patience and resilience. Finance Minister Tito Mboweni delivered his National Budget Speech on 26 February 2020, leaving South African taxpayers pleased by the implementation of tax relief on personal income tax, but disappointing those who indulge in alcoholic beverages and heated tobacco products...
Virusha Subban, Jana Botha, and Prenisha Govender 27 Feb 2020
Government expenditure on learning will in three years reach R434.2 billion, Finance Minister Tito Mboweni has revealed...
27 Feb 2020
Finance Minister, Tito Mboweni's 2020 Budget Speech wasn't as dire as some commentators expected. In fact, it depicted a government that is reform-minded and ready to flex its muscles, which sparked an immediate celebration in the rand and bond markets...
27 Feb 2020
A raft of tax increases and curtailing the public sector wage bill are just some of the interventions anticipated to be announced by Finance Minister Tito Mboweni when he delivers the 2020 Budget later on today...
26 Feb 2020
If Finance Minister Tito Mboweni announces significant changes to individual taxes during his Budget Speech on 26 February it could have wide-ranging implications for South Africa's heavily burdened tax base...
Errol Meyer 24 Feb 2020
Every year, when I start thinking about the annual Budget Speech, I wonder what is to come. Is this the year that the corporate tax rate will change? Maybe capital gains will finally be 100% taxable? Or something more low key, like an increase in the Securities Transfer Tax?
Elizabeth Lombaard 24 Feb 2020
Times are tough for the South African economy and this is further negatively affecting state finances with a significant deficit of several billion rands every month...
Christian Wiesener 12 Feb 2020
The minister of finance, National Treasury and the South African Revenue Services (Sars) are facing a challenging tax revenue environment...
Patricia Williams 10 Feb 2020
While mining is barely touched on, the Medium Term Budget Policy Statement (MTBPS) anticipates little to no growth in the sector...
31 Oct 2019
The National Health Insurance (NHI) rollout will require an extra R33bn annually from the 2025/26 financial year...
31 Oct 2019
Although not unexpected, Finance Minister Tito Mboweni's Medium Term Budget Policy Statement (MTBPS) pulled no punches on the cold hard reality of South Africa's economic woes...
31 Oct 2019
One of the fastest growing items on government's expense sheet is the country's debt-service costs, with average nominal growth of 13.7% expected between 2020/21 and 2022/23...
Maarten Ackerman 31 Oct 2019
