[ad_1] By Siyabonga Mkhwanazi 2h ago Share this article: SharecheepShareShareShareEmailShare Cape Town – Finance Minister Tito Mboweni has painted a bleak outlook for the economy as the government tries to maintain fiscal sustainability amid rising budget deficits and debt service costs. Mboweni told parliament, during the Medium Term Budget Policy …
Read More »Macron imposes new virus lockdown as French hospitals sink
[ad_1] “The virus is spreading through France at a speed that even the most pessimistic ones predicted,” Macron said in a highly anticipated television address. This image shows a screen showing French President Emmanuel Macron as he addresses the nation during a televised interview from the Elysee Palace on the …
Read More »6 budget announcements that affect you directly
[ad_1] Finance Minister Tito Mboweni made several announcements in his Medium-Term Budget Policy Statement (MTBPS) on Wednesday (Oct 28) that will likely have a direct impact on the pockets of South Africans, says Hannes van den Berg, director Executive of Momentum Consult. In an analysis of Mboweni’s speech, van den …
Read More »DD Mabuza criticizes attempts to ‘drag his name’ into the Mpumalanga fraud case
[ad_1] “Some of the defendants, acting in concert and with a common purpose, exploited the normal phenomenon of government land purchase by misrepresenting facts to the state about the property and the actual sale price,” Ngwema said. He said that the true owner of the farm, Petrus Johannes Van Tonder, …
Read More »The government relaxes pension withdrawal rules
[ad_1] The government has decided to allow people access to their long-term savings while the country faces its worst economic crisis. Finance Minister Tito Mboweni made the announcement when he presented the mini-budget yesterday. Mboweni said that the measure to allow workers to access their fund before retirement under certain …
Read More »US elections: Biden votes early in presidential race
[ad_1] Democratic presidential candidate Joe Biden speaks to reporters outside the Delaware State Building after casting his vote. Drew Angerer / Getty Images Democratic White House hopeful Joe Biden cast his vote in the US presidential race on Wednesday in Delaware, six days before the end of a turbulent campaign …
Read More »Major gas discovery off the coast of South Africa
[ad_1] A major gas discovery was made off the southern coast of South Africa on Wednesday, Total revealed. The find has been labeled “significant” and is a continuation of the Brulpadda field that was identified nearby nearly two years ago. Total ‘gold mine’ find near South Africa According to the …
Read More »‘We cannot let the SABC die’: the executive talks about television licenses and saving the public broadcaster
[ad_1] “One of the recommendations we made was that the definition of television should be changed as it is in the legislation [and] expanded to take into account how the media have converged, changed and made room for content to be consumed through other devices, ”he said. Devices include, but …
Read More »How Valtteri Bottas could have been F1 champion in 2020 if these things worked out in his favor
[ad_1] • Valtteri Bottas is second in the 2020 F1 championship. • Bottas has spearheaded most of the opening practice sessions at this year’s races. • Lewis Hamilton will win his seventh F1 championship in 2020, unopposed. • For more motorsports stories, visit www.Wheels24.co.za With just five races remaining in …
Read More »I’ll stay in my lane, says Tito as he walks away from the wage bill negotiations.
[ad_1] Public sector unions are up in arms over the government’s plan to cut the wage bill in order to help reduce the deficit and stabilize the country’s mounting debt. The Minister of Finance, Tito Mboweni, delivered his supplementary budget on June 24, 2020. Image: GCIS CAPE TOWN – Finance …
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