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Mboweni expected to introduce Special Appropriation bill

23 July 2019, 6:14 AM  |
Lulama Matya Lulama Matya |  @SABCNews
Mboweni made the announcement during his budget vote speech but was mum on the amount that he was considering giving to the power utility.

Mboweni made the announcement during his budget vote speech but was mum on the amount that he was considering giving to the power utility.

Image: SABC News

Mboweni made the announcement during his budget vote speech but was mum on the amount that he was considering giving to the power utility.

The Minister of Finance, Tito Mboweni, is expected to introduce a Special Appropriation bill in Parliament on Tuesday for Eskom’s additional funding.

Mboweni made the announcement during his budget vote speech but was mum on the amount that he was considering giving to the power utility.

Mboweni also said that state arms manufacturer Denel, South African Airways (SAA) and the South African Broadcasting Corporation (SABC) would receive funding from National Treasury’s reserve funds but with strict conditions:

“I must emphasise that this additional government support cannot be a blank cheque to these state owned enterprises. We really and truly cannot go on like this, a broad strategic framework in the form of a green paper which will culminate in a white paper will be published with among others.”

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Tags: EskomBudgetSpecial Appropriation BillTito Mboweni
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