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Tag: Tito Mboweni

Fiscal and economic crisis increases every year

"THE budget of the Minister of Finance, Tito Mboweni shows very clearly that the country is in even a greater fiscal and economic crisis than the previous year," says Fanie Brink,...

What’s holding back South Africa’s economy?

Over the past decade South Africa’s public finances have come under more and more strain. The days when the economy was growing and former finance minister Trevor Manuel brought baskets of fruit...

SAA cannot generate cash flow currently – Tito Mboweni

South Africa's Minister of Finance, Tito Mboweni, said that South African Airways (SAA) was unlikely to ever generate sufficient cash flow to sustain operations in its current configuration. Mboweni said this on Wednesday when...

South Africa may lose Moody’s stable outlook. But it’s a close call

South Africa’s tenuous hold on the stable outlook on its sole investment-grade credit rating may slip with finance minister Tito Mboweni expected this week to show a marked deterioration in the...

SAA has already spent R3 billion of the R5bn it was given

Vuyani Jarana told the SA Flyer Magazine that the embattled airline can be saved. The chief executive said that South African Airways was on track and on budget in its turnaround...

Further economic deterioration inevitable

"The Medium-Term Budget Framework Statement (MTBRS) that the Minister of Finance, Tito Mboweni, submitted today to Parliament is a very clear evidence that the ANC's policy of the socialist and communist...

National debt, fuel relief package on list of expectations for MTBPS

CAPE TOWN - Political parties have given a long list of what they expect from Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS). Mboweni will table his MTBPS on Wednesday, just...

Limited room to manoeuvre as Mboweni faces mammoth task to revive SA economy

Nine years after leaving his post as governor of the South African Reserve Bank, Tito Mboweni is has been appointed as the nation’s finance minister and faces the unenviable task of...

Will the new Finance Minister bring some stability to SA’s finances?

The Cape Chamber of Commerce and Industry hopes that the appointment of the former Governor of the Reserve Bank, Tito Mboweni, as the new Finance Minister will bring some stability to...

First Tito Mboweni quits cement producer PPC’s board then CEO

PPC’s CEO Darryll Castle has resigned less than a week after Tito Mboweni stepped down from the board. According to Business Day, Mboweni allegedly quit over irreconcilable differences  about the strategic direction...

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Woolies ESD programme backs 32 businesses with R391.7m in support in...

By Larry Claasen Woolworths’s Enterprise and Supplier Development (ESD) programme has given emerging businesses a much-needed boost by providing “procurement opportunities” to the value of...

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