#MTBPS: Mboweni advised to cut, contain costs | IOL Business Report

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MTBPS: Mboweni advised to cut, contain costs CapeTimesSA busrep

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#MTBPS: VAT on white bread, cake flour, sanitary pads to be zero-rated | IOL Business ReportValue-added tax on white bread flour, white cake flour and sanitary pads will be zero-rated from April 1 next year, Minister Tito Mboweni announced. The zero rated cake flour is so that the cANCer can bake bigger cakes for all their corruption gatherings. I'm surprised they never zero rated green, black and yellow food colouring as well. MTBPS2018 It’s election season What about those of us who eat brown bread, why should we pay more for a healthier option?
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Rand treads water before #MTBPS | IOL Business ReportThe South African rand was little changed on Wednesday, as investor caution reigned ahead of a closely watched budget speech.
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Challenging #MTBPS marred by VAT, fuel price hikes | IOL Business ReportA VAT hike, increased fuel prices and real cuts in key social spending areas were announced in the February 2018 budget.
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#MTBPS: National Budget paints grim picture for SA | IOL Business ReportOpposition parties in Parliament said Mboweni’s Medium Term Policy statement painted a grim picture about the state of the economy in the country.
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WATCH: Rand weakens in light of #MTBPS | IOL Business ReportGet the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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#MTBPS: Budget may signify close call in arguing against rating downgrade | IOL Business ReportWhile Finance Minister Tito Mboweni tabled the Budget update, stating the need for fiscal consolidation, fiscal slippage remains an element.
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