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Tito Mboweni

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Finance minister Tito Mboweni. File photo.Image: SUNDAY TIMES

Tito Mboweni vouches for Zuma: ‘I don’t think he wants to undermine our hard-fought freedoms’

CEBELIHLE BHENGU Finance minister Tito Mboweni on Wednesday vouched for Jacob Zuma, saying that given the former president’s struggle credentials, he doesn’t believe he wants to “undermine our hard-fought freedoms”. “Whatever his…

‘DA’s move to stop SAA funding a waste of the court’s time’: Mboweni

UNATHI NKANJENI A Twitter spat between finance minister Tito Mboweni and the DA shadow minister of finance, Geordin Hill-Lewis, has escalated after the opposition party’s urgent application to stop Mboweni from bailing out SA Airways…

Finance minister Tito Mboweni

MPs urged to reject supplementary budget

LINDA ENSOR A group of nearly 100 economists, economic analysts and professionals have called on parliament to reject finance minister Tito Mboweni’s supplementary budget on the grounds that it fails to address the magnitude of the crisis…

Tito Mboweni says income and corporate tax unlikely to rise

ANTONY SGUAZZIN and PRINESHA NAIDOO Finance minister Tito Mboweni told selected clients of two of the country’s biggest banks that the National Treasury had no plans to boost income, corporate or value added taxes (VAT) even as the…

IMF loans won’t take our sovereignty, says Tito Mboweni

The government will not agree to any conditions compromising the national sovereignty of the country in its loans discussion of lending institutions such as the IMF, the World Bank and the African Development Bank. That’s the assertion…

Finance minister Tito Mboweni delivering the supplementary budget speech on Wednesday June 24 2020.              Image: GCIS/Kopano Tlape

Tito Mboweni: government to borrow R118bn from international institution

Finance minister Tito Mboweni has revealed that government intends to borrow US$7bn (R118bn) from international finance institutions, warning strongly that it is money which must be paid back. “Government intends to borrow US$7bn from…

Mboweni to explain how relief financing will work

By LINDA ENSOR Finance minister Tito Mboweni will make an announcement on Friday on the Covid-19 relief financing, as well as any possible approach for funding from international finance institutions. Many questions have been raised about…

Minister of Finance Tito Mboweni during his Medium Term Budget Policy Statement in the National Assembly , Parliament, Cape Town. October 24, 2018. PICTURE: ESA ALEXANDER/SUNDAYTIMES

Tito Mboweni says recall of tinned pilchards isn’t enough to scare him off

‘It’s a beautiful and wonderful fish’ Finance minister Tito Mboweni says the recall of tinned pilchards isn’t going to stop him cooking and eating his favourite dish. This after the National Regulator for Compulsory Specifications (NRCS)…

Minister of finance Tito Mboweni presents the medium-term budget policy statement in the National Assembly on October 30 2019.Picture: ESA ALEXANDER

Sugar industry urges Tito to drop tax

By BEKEZELA PHAKATHI Finance minister Tito Mboweni has been urged to ditch the controversial sugar tax which was introduced in 2018 amid concerns that it will wipe out SA’s sugar industry. The industry is reeling from the effects of the…

The AA and some economists believe finance minister Tito Mboweni may announce an increase in VAT and fuel levies when he delivers his budget speech on Wedensday.Image: PICTURE: 123RF/RAWPIXEL

VAT, fuel and sin – and how Mboweni might find the money the country so desperately needs

Just where will the finance minister find the extra money SA so badly needs? We know you need the money, the Automobile Association said to finance minister Tito Mboweni this week, but don’t grab it from fuel taxes. This was among the…

Eskom headquarters in Johannesburg. File photo.Image: John Liebenberg

Eskom’s top managers demand pay hike – report

Eskom’s senior managers – who earn R1.5m to R3m a year – are taking the power utility to the Commission for Conciliation, Mediation and Arbitration (CCMA) because they have not been given a salary increase in the past year. Rapport…

An e-toll gantry. Image: Daniel Born

Sanral to spend R25bn on national roads despite e-tolls controversy

As the controversy over the e-tolls in Gauteng rages, transport minister Fikile Mbalula has told MPs that national roads agency Sanral is due to spend R25bn this year to expand the national roads network. Mbalula made the announcement in…

The state has promised the broadcaster R3.2bn.Image: Sunday Times/ Waldo Swiegers

‘No government guarantee to bail out cash-strapped SABC’: Mboweni

Finance minister Tito Mboweni declined to give the cash-strapped SABC a much-needed government guarantee in order for the public broadcaster to stay on air. This was relayed to communications minister Stella Ndabeni-Abrahams in a two-page…

Image: 123RF/Stefano Carnevali

On the rise: Prepare to cough up more for booze, cigarettes and fuel

South Africans are set to cough up even more for tobacco and alcohol, following yet another increase on sin taxes announced by finance minister Tito Mboweni on Wednesday. If you’re feeling the pinch, one option to save money would be to…