COSATU says it wants Finance Minister Tito Mboweni to retire. In his budget address earlier this year, Mboweni said that the public service was bloated and suggested that public servants who were 55 and above should opt for early retirement.
Newly-appointed Finance Minister Tito Mboweni is presenting his medium-term budget policy statement in half an hour’s time. Mboweni is expected to focus on how government will balance increasing spending pressure against low revenue in a weak economic environment.
Opposition political parties in Parliament say they expect Finance Minister Tito Mboweni to present a Medium Term Budget Policy Statement that will stimulate the economy, create jobs and cut any and all unnecessary frills.
President Cyril Ramaphosa has accepted the resignation of Finance Minister Nhlanhla Nene.
ANC NEC Member and former Reserve Bank Governor Tito Mboweni says the party’s National Executive Committee and the top six must do much better.
Finance Minister Tito Mboweni has thanked delegates at the World Economic Forum (WEF) on Africa in Cape Town for not abandoning the South Africa due to the incidents of violence it’s facing.
The African National Congress (ANC) head of economic policy Enoch Godongwana has confirmed that Finance Minister Tito Mboweni will meet with the party’s top six officials on Monday to discuss his economic recovery plan for the country.
The EFF have rejected Minister Tito Mboweni’s document on economic development.
The tripartite alliance is on rocky ground again, this time over Finance Minister Tito Mboweni’s economic strategy paper.
Economic analyst, Duma Gqubule, says he does not believe that Finance Minister Tito Mboweni’s strategy to help reduce the unemployment rate will have a major effect in the short term.