South Africa used a revenue windfall to cut corporate taxes to revive a coronavirus-ravaged economy and set more ambitious targets to reduce debt and fiscal deficits.
Browsing: Tito Mboweni
Enoch Godongwana says topping his “to-do list” to bolster economic growth includes reforming the country’s electricity supply and assigning spectrum.
The flight of top taxpayers has long been a thorn in the side of national treasury. But the coronavirus crisis and recent riots could prove to be a tipping point.
President Cyril Ramaphosa announced 10 changes to his cabinet, including the appointment of close political ally Enoch Godongwana as his new finance minister.
South Africa has a new minister and deputy minister of communications & digital technologies, with Stella Ndabeni-Abrahams redeployed to the small business development portfolio.
Expectations are again being created that a final decision on the future of e-tolls on the Gauteng Freeway Improvement Project is imminent. We’ve been here before.
Roads agency Sanral appears to be delaying the award of a tender for the management of e-toll collections until the government takes a decision on the future of e-tolls.
South Africa is planning to scrap e-tolls in Gauteng, MEC for transport Jacob Mamabolo said. “They are being scrapped,” he said in an interview with SAfm.
The government has once again failed to meet its self-imposed deadline, set by transport minister Fikile Mbalula, to make an announcement on the future of the controversial e-toll system.
South African civil servants demanded a pay rise that’s more than double the inflation rate, a week after finance minister Tito Mboweni insisted the government can’t afford increases.