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Mboweni Presents Key Budget (1200GMT); HealthMin Under the Microscope

SOUTH AFRICA

LOCAL NEWS

  • FinMin Mboweni due to conduct the budget speech today 1200GMT amid expectations for a tax revenue windfall:
    • Focus on commitment to expenditure cuts and plans for credible implementation, limited new taxation, efforts to curb the public sector wage bill, issuance plans and vaccination funding roadmap. Detailed preview out shortly.
  • HealthMin Mkhize comes under pressure as an investigation is launched into the awarding of R82m in Covid-19 contracts to personal contacts - his prior Spox & private secretary.
    • The department has denied conflict of interest, but the issue is being investigated further - Daily Maverick
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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