Mboweni Introduces R2 Billion Budget, Focuses on Vaccine Launch and Efficient Spending

With the ravages of COVID-19 and associated lockdowns eroding an already unstable economy, the finance minister and his team at the Treasury have a particularly difficult task this year.
ARCHIVE: Minister of Finance, Tito Mboweni. Image: GCIS.
CAPE TOWN – Every national budget, in every nation in the world, is a balancing act. But this year, with the ravages of COVID-19 and associated lockdowns eroding an already unstable economy, the finance minister and his team at the Treasury have a particularly difficult task.
The Treasury has had to control public spending and clearly demonstrate that …