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For the first time since 1990 the general fuel levy and RAF levy will remain unchanged for the next financial year.Image: jarun/123rf

Budget 2022 | Fuel and RAF levies unchanged but booze & cigarette prices hiked

The National Treasury has resolved not to hike the general fuel levy and the Road Accident Fund levy for the first time in 31 years to cushion hard-pressed consumers from soaring petrol prices. This was announced by finance minister Enoch…

Finance minister Enoch Godongwana. Taxpayers are invited to share their suggestions regarding what the government should focus its spending on.Image: Esa Alexander

Tax, paying down debt and where to spend your cash: finance minister calls for input

Finance minister Enoch Godongwana will deliver his inaugural national budget speech on February 23, his office said on Thursday. Taxpayers are invited to share their suggestions regarding what the government should focus its spending on,…

Open Letter to Minister Tito Mboweni by Gerhard Papenfus, CE of NEASA

OPEN LETTER From Gerhard Papanfus, Chief Executive of the National Employers Association of South Africa 29 July 2021 Mr Tito Mboweni Minister of Finance Dear Minister Mboweni INTRODUCTION OF TAX RELIEF MEASURES DUE TO UNREST The recent…

Finance minister Tito Mboweni says there will not be more cash for the extended state capture inquiry.Image: Esa ALexander/Sunday Times

Infrastructure development, sanitary towels and sin tax: 5 key quotes from Mboweni’s budget speech

Finance minister Tito Mboweni said the government has set aside R791.2bn for infrastructure development and has already partnered with the private sector and other role players for its rollout. Mboweni said infrastructure development is…

Finance minister Tito Mboweni will deliver the budget speech this afternoonImage: ESA ALEXANDER/SUNDAY TIMES

OPINION: What can we anticipate from finance minister Tito Mboweni’s 2021 budget speech?

Later today, finance minister Tito Mboweni will announce the 2021/2022 budget and pundits are speculating on what the minister will do to rebalance the books. The cost of the global pandemic has hit every country hard but the developing…

POLITICAL MUSCLE: Former Johannesburg mayor, Herman Mashaba weighs-in on ANC’s stance on the economy

Herman Mashaba to Tito Mboweni: ‘Save our country and to hell with the ANC political consequences’

Former Joburg mayor Herman Mashaba is the latest to weigh in on Tito Mboweni’s political frustrations about collective decisions which affect the economy. This week, the finance minister went on a Twitter rant about cabinet responsibility…

No easing in as Ramaphosa gives Mboweni one night to prepare for his first cabinet meeting

“Get ready for your first cabinet meeting tomorrow.” This is how President Cyril Ramaphosa welcomed his new finance minister to the crucial position on Tuesday‚ moments after Tito Mboweni‚ a former SA Reserve Bank governor‚ took his oath…

Nhlanhla Nene

Government has plans to pull economy out of recession: Nene

Finance Minister Nhlanha Nene says he is due to present economic structural reforms and a stimulus package that he believes will pull the economy out of a technical recession. This after it emerged that the South African economy has…

‘Ajay Gupta threatened to kill me’‚ and other shocking revelations from Jonas

Ajay Gupta allegedly threatened to kill Mcebisi Jonas if he ever disclosed the offer to make him finance minister and pay him a R600-million bribe. Jonas did it anyway – first in a public statement and then to former public protector…