
Fedusa outraged by tax shortfall as mini budget is tabled
Finance Minister Tito Mboweni to deliver his MTBPS on the back of a tax revenue shortfall of an estimated R50 billion for the current financial year.
30 October 2019 | Tito MboweniFinance Minister Tito Mboweni to deliver his MTBPS on the back of a tax revenue shortfall of an estimated R50 billion for the current financial year.
30 October 2019 | Tito MboweniUasa also identified major issues that require solutions to or at least cleared up during the minister’s speech, with the first being tax revenue.
30 October 2019 | Tito MboweniSouth African Finance Minister Tito Mboweni has to tick many boxes in his medium-term budget.
30 October 2019 | EconomyThe main issue, however, remains the SOE’s with no improvement in their financial positions with Eskom, the SABC and SAA technically bankrupt.
30 October 2019 | State Owned EnterprisesSouth Africa’s economic prospects have deteriorated markedly since the crisis of 2007/8 and look unlikely to return to the pre-crisis levels let.
30 October 2019 | Tito MboweniNSFAS was put under administration in 2018, and higher education, science and technology Minister Blade Nzimande has extended this to August 2020.
30 October 2019 | GDPPresident Cyril Ramaphosa and Finance Minister Tito Mboweni appear to have good intentions for the economy. But that's not enough.
30 October 2019 | Opinion"The sugar tax, if not reconsidered by Treasury, will be the kiss of death for an industry that supports one million livelihoods."
30 October 2019 | EconomyDenosa reiterates Cosatu’s point that the public sector wage bill has not been increasing, and neither is it out of control.
29 October 2019 | State Owned EnterprisesOPINION: In the search to finding sustainable solutions comes a question on how to create economic growth in South Africa?
29 October 2019 | GDPSouth Africans need honesty and transparency … We cannot carry on waiting for solutions while our problems are getting worse.
29 October 2019 | SARSPublic Enterprises Minister Pravin Gordhan unveiled the long-awaited plan to save the debt-stricken state power utility.
29 October 2019 | EconomyFinance Minister Tito Mboweni’s upcoming Medium-term Budget Policy Statement (MTBPS) is perhaps the most important for South Africa to date.
29 October 2019 | Stock MarketsSA’s rand firmed as bets of rate cut by the U.S. Federal Reserve outweighed fears that the medium-term budget would show wider government deficits.
29 October 2019 | EconomyMedium-term Budget Policy Statement and Moody’s review will determine the road ahead for the economy.
29 October 2019 | Stock MarketsSouth Africa’s tenuous hold on the stable outlook on its sole investment-grade credit rating may slip.
28 October 2019 | Budget