Tito Mboweni set for a fight with unions over cuts
Finance minister announced a plan to cut baseline spending by R261bn over three years
26 February 2020 - 23:23
Tito Mboweni, who once served as labour minister under Nelson Mandela, has set himself up for a fight with the ANC’s trade union allies by announcing a huge cut to the public-sector wage bill as part of efforts to fix government finances.
In a press conference before he delivered his second budget speech in Cape Town on Wednesday, the finance minister acknowledged as much, saying he was confident that “eventually the government and public-service workers would find each other”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.