Budget Speech

The Budget Speech community of South Africa South Africa Budget Speech | Special Section | Bizcommunity news

  • #MTBPS2019: Little growth expected in mining sector
    on October 31, 2019 at 7:07 am

    Image source: Getty/Gallo</span>While mining is barely touched on, the Medium Term Budget Policy Statement (MTBPS) anticipates little to no growth in the sector, primarily because "lingering domestic regulatory uncertainty and slowing global economic growth, particularly in China, which is a large commodity importer" are leading to a decline in production. In the absence of plans to support the competitiveness of the mining sector, this view is likely to be fulfilled.Read more... | Send to a friend

  • #MTBPS2019: Price of NHI goes up by R33bn
    on October 31, 2019 at 6:41 am

    The National Health Insurance (NHI) rollout will require an extra R33bn annually from the 2025/26 financial year. This would be in addition to the previous estimations contained in the Green and White Papers of 2011 and 2017 respectively, of R74bn a year.Read more... | Send to a friend

  • #MTBPS2019: Outlook remains stormy, experts say
    on October 31, 2019 at 5:58 am

    Image source: Getty/Gallo</span>Although not unexpected, Finance Minister Tito Mboweni's Medium Term Budget Policy Statement (MTBPS) pulled no punches on the cold hard reality of South Africa's economic woes.Read more... | Send to a friend

  • #MTBPS2019: Cutting the bloat
    on October 31, 2019 at 4:36 am

    Maarten Ackerman, chief economist and advisory partner, Citadel</span>One of the fastest growing items on government's expense sheet is the country's debt-service costs, with average nominal growth of 13.7% expected between 2020/21 and 2022/23.Read more... | Send to a friend

  • Know your business inside out with a Biz Office
    on October 2, 2019 at 10:07 am

    New expectations of transparency and authenticity in business means things like organisational purpose, brand stories, how your company does things, what it believes in and what it stands for, can all play a part in how your company sees itself and how it is seen by others.Read more... | Send to a friend

  • Top ratings for Biz Rate Card 2019
    on September 27, 2019 at 12:17 pm

    Bizcommunity is excited to announce the relaunch of our Biz Product and Rate Card, featuring all-new product infographics and descriptors, as well as a product portfolio that is easier than ever to access and engage with! Contact us to position your company or organisation at the centre of your industry now!Read more... | Send to a friend

  • 3 steps towards 'glass boxing' your company with a Biz Press Office
    on July 23, 2019 at 1:18 pm

    "In an age of radical transparency, your internal culture is your brand. Time to take action!" proclaims the headline from Trendwatching.com.Read more... | Send to a friend

  • Budget 2019: What it means for the property industry
    on March 4, 2019 at 12:48 pm

    Finance Minister Tito Mboweni made his debut National Budget speech in Parliament. Here's what the property experts say about what this means for real estate, South Africa and you.Read more... | Send to a friend

  • Papering over the cracks
    on February 22, 2019 at 12:33 pm

    [[www.123rf.com 123rf.com]]</span>This was always going to be one of South Africa's toughest budgets with enormous pressure on government resources in an extremely difficult economic environment. Under the circumstances, relatively new Finance Minister Tito Mboweni can be praised for his disarming honesty and openness about the vast challenges that Treasury faces. Unfortunately, however, this cannot make up for the constraints currently being confronted.Read more... | Send to a friend

  • South Africa's budget was missing ideas from the left. Why this isn't a good thing
    on February 22, 2019 at 7:44 am

    South Africa’s Finance Minister Tito Mboweni preparing to deliver the budget. EPA-EFE/Elmond Jiyane</span>This year's South African budget gave allies of the market as much as they could expect - and labour and the left about as much as they currently deserve.Read more... | Send to a friend