Economy

WATCH: Tito Mboweni’s 2021 budget speech

Watch the live stream of the much anticipated 2021/2022 budget speech in parliament below

24 February 2021 - 13:30
Finance minister Tito Mboweni arrives at Parliament in Cape Town ahead of his 2021 budget speech on February 24 2021. Picture: GCIS/ELMOND JIYANE
Finance minister Tito Mboweni arrives at Parliament in Cape Town ahead of his 2021 budget speech on February 24 2021. Picture: GCIS/ELMOND JIYANE

Finance minister Tito Mboweni presents, arguably, the most difficult budget since the dawn of democracy, with the SA economy in a precarious position after the arrival of Covid-19 at a time when the country was already struggling with a recession.

Watch the much anticipated Mboweni 2021/2022 budget speech in parliament below.

The finance minister delivers his budget for the year.

Budget in a nutshell: Treasury will hold line on fiscal consolidation plans

Achieving lower debt and deficit targets will depend on the economy achieving higher rates of growth in 2022 than previously forecast, Tito Mboweni ...
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Struggle continues over SAA while Eskom limps on life support

Eskom is allocated R31.7bn in the budget while SAA asks for an additional R3.5bn
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More than R300bn cut from public-sector wage bill

Treasury says negotiations with unions will now be done in line with prevailing economic conditions
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