BizNews BizNews Radio

Where your money goes: More to municipalities and health care - Finance Minister Tito Mboweni

Loading player...
Finance Minister Tito Mboweni announced in his supplementary budget speech that R21.5 billion rand will go towards Covid-19 related healthcare spending. A further allocation of R12.6 billion will go to services at the frontline of the response to the pandemic. There will be an adjustment to spending for the three tiers of government, with the allocation for provinces decreasing, and money for local governments - which are bearing the brunt of the pandemic - increasing. Learn more about your ad choices. Visit megaphone.fm/adchoices
24 Jun 2020 11AM English South Africa Investing · Business News

Other recent episodes

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min
All episodes