Finance Minister Tito Mboweni

Treasury urgently trying to secure SAA bailout: Mboweni

SAA cancelled some of its local and international flights, saying the decision was aimed at saving cash and optimising its position ahead of a further capital injection. Finance Minister Tito Mboweni says National Treasury is working around the clock to try and secure SAA’s R2 billion bailout as soon as[…]

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Mboweni faces tough task of balancing government’s books

Shocking unemployment numbers, low growth and state-owned enterprises, billions of rand in debt. Finance Minister Tito Mboweni faces the tough task of balancing government’s books when he delivers his medium-term budget policy statement. READ: Mboweni expected to do a balancing act Analysts say Mboweni can win favour from ratings agencies and investors by converting[…]

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