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De Lille welcomes aspects of Mboweni’s budget speech

The GOOD Party leader, Patricia de Lille, says that she welcomes Finance Minister Tito Mboweni’s identification of the six priorities, during his Budget Speech, which the government will have to act on if it plans to fix South Africa. These six priorities are achieving higher economic growth, increasing tax revenue, incurring expenditure[…]

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Mboweni’s budget in a nutshell

Finance minister Tito Mboweni’s first National Budget came with no real surprises or shocks. Given the pressure-cooker that is state finances, especially those of struggling power utility Eskom, it appears to be a well-balanced act. Government’s central economic policy goal remains to accelerate inclusive growth and create jobs, said the[…]

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Prepare to cough up more for 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 swap your favourite tipple of whiskey or sparkling wine[…]

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Mboweni likely to increase fuel, RAF levies

Consumers should brace for tougher times ahead. Finance Minister Tito Mboweni is likely to announce levy increases to the fuel and Road Accident Fund (RAF) in his 2019 Budget Speech on Wednesday. In 2018, Mboweni warned that the Road Accident Fund liability would increase. He said the 30-cents-a-litre increase was not be enough.[…]

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