News in South Africa 28th October: 1. D-Day for mid-term budget: The medium-term budget will be announced this afternoon, and all eyes will be on government’s plans to deal with the public wage bill, its ballooning debt, and its struggling state-owned enterprises – particularly SAA. As at the latest Budget in June 2020, the Treasury estimated […]
News in South Africa 23rd October: 1. Covid-19 cases rising: COVID-19 infections across the country are increasing, but in the Western Cape there seems to be some confusion over the rate of the increase. Health Minister, Zweli Mkhize said there’s been a 42-percent rise in the province while Premier Alan Winde says it’s less than 20-percent. The Western Cape […]
News in South Africa 14th October: 1. Mid-term budget policy statement postponement: The letter requesting a week’s delay of the Medium-Term Budget Policy Statement (MTBPS) from Finance Minister Tito Mboweni to National Assembly Speaker Thandi Modise arrived after hours on Tuesday evening. Analysts say this is a worrying sign of the grim financial reality the […]
