Sanlam: MTBPS 2017 – A plea for more time, but no consolidation
The MTBPS 2017 is a plea for more time and support to implement new economic policy. It does not attempt to quantify the potential impact of these interventions. Rather, it shows what the Budget would look like should there be no policy action and/or additional fiscal consolidation, says Arthur Kamp,... Read more
Government to dispose of its Telkom shares
Finance Minister Malusi Gigaba has announced that government will dispose of its Telkom shares in order to cover a shortfall of R3.9 billion. The Minister said this when he tabled his maiden Medium Term Budget Policy Statement in the National Assembly on Wednesday. The medium-term budget – which projects... Read more
Government to appoint new board for Eskom
The government will appoint a new board for power utility Eskom, Finance Minister Malusi Gigaba said on Wednesday. Tabling the Medium Term Budget Policy Statement (MTBPS) in Parliament, Minister Gigaba said the new board will be appointed before the end of November 2017. He said the government is concerned... Read more
MTBPS: Stormy weather ahead for SA
Minister of Finance, Malusi Gigaba, will be the center of attention on Wednesday 25 October 2017 when he presents his first Medium Term Budget Policy Statement (MTBPS), since being appointed as the Minister of Finance in March 2017. The MTBPS is sure to set the scene for the forthcoming... Read more
Finance Minister to table his first mini-budget
Finance Minister Malusi Gigaba will this week table his maiden Medium Term Budget Policy Statement (MTBPS) in Parliament. Appointed to head National Treasury following President Jacob Zuma’s Cabinet reshuffle in March, Minister Gigaba is set to deliver the MTBPS, also known as the mini-budget, in the National Assembly on... Read more