Finance minister Tito Mboweni says that the probability of securing a loan from the World Bank has declined as"conversations" with the international finance institution have not yet yielded a conclusion.
Mboweni had previously said that SA would apply for a $50m Covid-related loan from the bank to help fund the fight against the pandemic. This has not been received and discussions with the World Bank have turned to a bigger loan of $2bn, which is not Covid-related.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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Tito Mboweni should unleash Sars to bring home the tax baconAgency should be able to fill critical vacancies to rebuild its capabilities and operate efficiently Few left for SARS to be unleashed on. Who writes such drivel?! Can it be unleashed on the non-payers rather than the payers? I am tired of being punished for being law abiding. I won’t manage much more tax than what I am paying now. 😞 Lets see what impact of all Finance ministers did in the past 7 years
Source: BDliveSA - 🏆 12. / 63 Read more »
Tito Mboweni should unleash Sars to bring home the tax baconAgency should be able to fill critical vacancies to rebuild its capabilities and operate efficiently
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH: Tito Mboweni presents medium-term budgetFinance minister Tito Mboweni is due to present the 2020 medium-term budget policy statement to parliament
Source: BDliveSA - 🏆 12. / 63 Read more »
PETER BRUCE: That screeching was Tito Mboweni hitting the brakes on promises to cut spendingPETER BRUCE: That screeching was Tito Mboweni hitting the brakes on promises to cut spending 🔒 writes Bruceps Bruceps Surely your hero Cyril could show the way by cutting his cabinet by half His sole decision Can’t hide behind anything else
Source: BDliveSA - 🏆 12. / 63 Read more »
Education activists slam Tito Mboweni for budget cutsAbout 50 members of Equal Education picketed outside parliament on Wednesday to demand that finance minister Tito Mboweni reverse budget cuts made to the education department earlier this year.
Source: TimesLIVE - 🏆 28. / 59 Read more »
WATCH: Tito Mboweni presents medium-term budgetFinance minister Tito Mboweni is due to present the 2020 medium-term budget policy statement to parliament
Source: BDliveSA - 🏆 12. / 63 Read more »