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Read: Finance Minister Tito Mboweni's Full Budget Speech

South Africa’s budget speech improves from October’s dismal outlook, pushing USD/ZAR to 13 month low

FULL SPEECH: Tito Mboweni’s 2021 Budget Finance Minister Tito Mboweni delivered his 2021 Budget Speech amid an economy ravaged by COVID-19 and the associated lockdowns. Finance Minister Tito Mboweni delivers his Budget speech in Parliament on 24 February 2021. Picture: GCIS. Today I table before this House: 2021 Appropriation Bill The Budget Review Madam Speaker last year we outlined a strategy to becoming a winning country. Since then, we have mourned the passing of nearly 50 000 of our fellow South A...

The Fifteenth Finance Commission has adapted well to swiftly shifting sands A pair of balanced scales representing the Union of India and the States, the cover visual of the Fifteenth Finance Commission’s report for the period 2021-22 to 2025-26, seeks to highlight the Commission’s endeavour to maintain an equitable approach at a time when the Centre and States are facing unprecedented revenue stress and fiscal demands. The Centre has accepted much of the Commission’s broad recommendations, including giving States a 41% share of the divisible pool of taxes and revenue deficit grants of...

NICOLA STURGEON'S independence efforts have been dealt a blow as the Treasury allocated an extra £1.1billion for Scotland's Covid recovery budget.