Finance Minister Tito Mboweni has invested a huge meeting of so-called experts to come forward with new plans to reverse the country’s decline. The event presented at the Reserve Bank Conference Center began with Mboweni’s explanation aimed at requesting experts to propose new models that will boost the economy. He says the ANC cabinet has..
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With SA’s economy unable to grow by 1% under the current dispensation, Finance Minister’s new plans will also fail
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Former adviser has encouraged the South African government to bailout ESKOM (the-bottomless-pit) otherwise load shedding will just continue
The South African government needs to “bite the bullet” and bail out struggling state-run power firm Eskom, which has asked for R100 billion in government support, the chief executive of Rothschild & Co in South Africa told Reuters.
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With Tito’s Mid-Term budget speech behind us, here is what he said about the land issue
The dust is still settling after the Mid-Term budget speech, so we’re unpacking everything Tito Mboweni said about land.
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Wonderful News:- R500m to recruit health professionals, buy beds and linen
Government will reprioritise funds to make R350m available to recruit new health professionals, says Finance Minister Tito Mboweni.
The Minister tabled the Medium Term Budget Policy Statement in the National Assembly on Wednesday.
“Access to healthcare services is enshrined in our Constitution and in our Bill of Rights. We will continue to work closely with the national Department of Health and other role players to ensure that the gradual phased implementation of the National Health Insurance is adequately financed.
“We are immediately reprioritising R350m to recruit in excess of 2,000 health professionals into public health facilities,” he said.
Mboweni said a further reprioritisation of funds will avail R150m to be used to purchase beds and linen for hospitals where the need is more dire.
These two interventions will build on the Presidential Health Summit convened last weekend, which has brought a new focus to improving the quality of healthcar
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Goodnews, but will it be executed, Mboweni says Eskom needs to shed 30 000 jobs
“It does not make sense that R8 out of R10 goes to salaries and unions still demand service. Where will the money come from?” – Finance Minister Tito Mboweni…….
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The Rand is firm for now, but Moody’s delays ratings move!
The rand strengthened further on Monday after Moody’s Investors Service held off on its ratings review of South Africa on Friday.
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Consumers are warned of second increase in VAT to make up for shortfalls that were stolen by ANC-politicians
With the new finance minister set to deliver the medium-term budget policy statement later this month, tax experts have warned of a likely increase in VAT in the coming year. Former SA Reserve Bank governor Tito Mboweni was sworn in as finance minister this week, following the resignation of Nhlanhla Nene. Bernard Sacks of Mazars,..
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ANC won’t demand more resignations after Nene quits – Jessie Duarte
Ministers should decide for themselves if they will resign after appearing before the commission of inquiry into allegations of state capture. They should, however, apply a test of whether they are complicit in corruption says the ANC.
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Mandela, Killer of Nations: Atheist, Marxist, Terrorist, New World Order poster boy, Black Pope, Communist Mass Murderer, Abortionist, Role-player…
This Saturday the mass media world worships the mandela creation again, so we look at all the people who worked together to sell the lie to the masses and to build the atheist’s Black Pope, the New World Order’s “poster boy” and “democracy’s” dummy, to smuggle communism in via the back door. His worst crime (which is..
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