Crucial Budget week; Loadshedding halts Mboweni; No money for stats; State land released; Coronavirus Africa impact
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In today's business headlines:
- The week ahead will be dominated by the budget speech by Finance Minister Tito Mboweni who has to convince that a rescue plan for Eskom is on track, and that the government is ready to take measures to curb rising debt, narrow the budget deficit and fuel economic growth;
- Mboweni and this team were not spared from loadshedding and had to adjourn due to the lights going off as they were preparing his speech, which the minister described as 'frustrating' to his followers on Twitter;
- Statistics South Africa has approached the Treasury again for cash and held talks yesterday with Minister in the Presidency, Jackson Mthembu to appeal for funds'
- Public Works Minister Patricia de Lille announced that her department has released hundreds of parcels of land as part of the government’s commitment to land reform, redistribution and restitution;
- Even without a single confirmed case, sub-Saharan Africa may be the region hardest hit outside of Asia by the spread of the coronavirus with lobster catchers in the Western Cape being unexpected casualties of lower Chinese demand.
- The week ahead will be dominated by the budget speech by Finance Minister Tito Mboweni who has to convince that a rescue plan for Eskom is on track, and that the government is ready to take measures to curb rising debt, narrow the budget deficit and fuel economic growth;
- Mboweni and this team were not spared from loadshedding and had to adjourn due to the lights going off as they were preparing his speech, which the minister described as 'frustrating' to his followers on Twitter;
- Statistics South Africa has approached the Treasury again for cash and held talks yesterday with Minister in the Presidency, Jackson Mthembu to appeal for funds'
- Public Works Minister Patricia de Lille announced that her department has released hundreds of parcels of land as part of the government’s commitment to land reform, redistribution and restitution;
- Even without a single confirmed case, sub-Saharan Africa may be the region hardest hit outside of Asia by the spread of the coronavirus with lobster catchers in the Western Cape being unexpected casualties of lower Chinese demand.
