Since 1994 it’s been pretty much the same procedure for the Parliamentary Press Gallery Association, some of South Africa’s senior journalists who produce the overwhelming majority of media coverage on Budget Day in February and for October’s Medium-Term Budget Policy Statement (MTBPS).
The system held firm as media changed from the immediacy of radio, news wire services and afternoon newspapers to online media. The system held true because it allowed conducive working conditions for PGA journalists representing different media houses to discuss and organise the best possible, accurate and informative coverage for their respective readers/listeners – whether that’s Mr Taxi Driver or Ms Investment Banker.
Agriculture wants the Budget to give clarity on Land Bank liquidity
By Given Majola
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DURBAN - THE AGRICULTURAL sector is hoping that Finance Minister Tito Mboweni will follow through on assisting the Land Bank with its liquidity challenges in the National Budget tomorrow.
The Agricultural Business Chamber s (Agbiz s) chief economist, Wandile Sihlobo, said yesterday that the sector would be closely watching to see if there would be any follow-through to assist the financier, especially in the context of t he country s fiscal constraints.
“It is a vital point that agricultural role players will most likely be watching the National Treasury s messaging about the Land Bank, which has been experiencing liquidity challenges for a while. In the Medium-Term Budget Policy Statement presented in October 2020, Finance Minister Tito Mboweni noted that the Land Bank would require an additional R7 billion over the medium term to support its restructuring,“ said Sihlobo.
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