Mboweni cuts business flights and fancy cars for public officials

Loading player...
Finance Minister Tito Mboweni outlined the cost of fiscal leakage and wastage in South Africa in his mid-term budget and says he is planning to end the huge wastage of public resources. Mboweni said one of the high costs to the government is litigation. He is also taking measures to cut the travel expenses of public officials by mandating economy class domestic flights and he is setting a new ceiling for official vehicles. Biznews' Alec Hogg's frugal choice of shoes got a mention as well. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
30 Oct 2019 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min