In The News South Africa

Finance Minister Mboweni appointed to AU Peace Fund board of trustees

PRETORIA, November 18 – Finance Minister Tito Mboweni has been appointed a member of the board of trustees of the African Union (AU) Peace Fund, which will finance mediation and preventive diplomacy activities, institutional capacity requirements, and peace support operations, the ministry said on Sunday. “The appointment of the trustees of the AU’s Peace Fund […]

In The News South Africa

EFF brands Mboweni reactionary

CAPE TOWN, November 2 – The Economic Freedom Fighters (EFF) on Friday accused Finance Minister Tito Mboweni of bucking African National Congress (ANC) policy by making “decidedly reactionary” statements abroad. This comes after Mboweni told an investor conference in New York in his view South African Airways (SAA) should be shut down because it has […]

Lead South Africa

Cosatu slams Mboweni’s “reckless” statement that SAA should be closed down

JOHANNESBURG, November 2 – The Congress of South African Trade Unions (Cosatu) said on Friday it was deeply alarmed by Finance Minister Tito Mboweni’s statement that South African Airways (SAA) should be closed down. Speaking at an investor conference in New York televised live on SABC on Thursday night, Mboweni said that decisions over the future of the […]

Business Lead South Africa

Eskom fails to publicise China loan terms and conditions within 30-day PAIA period, DA threatens legal action

CAPE TOWN, October 28  – The Democratic Alliance will not allow China’s model of “debt trap diplomacy” to take root in South Africa, and will approach the courts if necessary to ensure that government is transparent with the public about the terms and conditions of loans received from China, DA leader Mmusi Maimane said on […]

Business In The News South Africa

South African business community welcomes medium-term budget

JOHANNESBURG, October 26 – Business Unity South Africa (BUSA) on Thursday said the Medium-Term Budget Policy Statement (MTBPS) showed honest and comprehensive reality check for the country to address its macro-economic and fiscal fundamentals. The statement was presented by South African Finance Minister Tito Mboweni’s in the parliament on Wednesday. BUSA said the budget is […]