We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

One thing in finance minister Tito Mboweni’s favour ahead of the supplementary budget he presented on Wednesday was that he wasn’t facing a highly expectant financial market, or one that was particularly uneasy.

While there was some weakness in the bond market, it was nothing compared with the build-up to that terrible week in March when SA was hit by a double whammy of a ratings downgrade and a lockdown that closed the economy. Surprisingly, 10-year bonds ended the day on a high note, with yields dropping the most in more than a month. The rand declined, but a move of 0.8% is hardly something to panic about. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now