Tito Mboweni

Last updated on 2017-07-25T01:06+0300.

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Tito Mboweni said : “We want to insist that all contracts must be published, showing which companies won contracts. We want to know when those companies were formed and whether they were formed by politically exposed [or connected] people. We want to also know the competitors that bid for contracts and the basis for why their bids were rejected,” External link

dailymaverick Thursday, August 6, 2020 2:28:00 AM EAT

Tito Mboweni said : "The reality is, people found the opportunity to do something wrong," External link

news24 Wednesday, August 5, 2020 11:17:00 PM EAT

Tito Mboweni said : “If all the procurement parties followed the tender and procurement processes, we would not be having this conversation today. The Treasury instructions are very clear: description of the item, supplier’s name, unit price of the material being procured, quantity, total price; and if this price in line with the Treasury instruction or not,” External link

citizen Wednesday, August 5, 2020 10:43:00 PM EAT

Tito Mboweni said : “The feeding frenzy that is going on in the country, that every contract and every tender issued is equal to corruption is incorrect… It is very important to put things in perspective,” External link

dailymaverick Thursday, July 30, 2020 1:39:00 AM EAT

Tito Mboweni said : “possible acts of corruption in some of the contracts” External link

dailymaverick Thursday, July 30, 2020 1:39:00 AM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic,” External link

jamaicaobserver Wednesday, July 29, 2020 8:43:00 AM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic,” External link

taipeitimes Tuesday, July 28, 2020 8:40:00 PM EAT

Tito Mboweni said : "Government's Covid-19 economic support package directs R500 billion straight at the problem. This is one of the largest economic response packages in the developing world," External link

news24 Tuesday, July 28, 2020 6:10:00 PM EAT

Tito Mboweni said : "Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the Covid-19 pandemic," External link

news24 Tuesday, July 28, 2020 6:10:00 PM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the Covid-19 pandemic” External link

mg Tuesday, July 28, 2020 12:58:00 PM EAT

Tito Mboweni said : “The South African Reserve Bank has reduced interest rates and made it easier for banks to lend money, and supported liquidity in the domestic bond market. Government spending and tax proposals, as well as the loan guarantee scheme and wage protection measures, are providing protection to workers and the poor while assisting to stay afloat during these tough economic times,” External link

foreignaffairs-nz Tuesday, July 28, 2020 11:04:00 AM EAT

Tito Mboweni said ( about Saida Harrigan ) : “Government’s COVID-19 economic support package directs R500 billion straight at the problem. This is one of the largest economic response packages in the developing world. The South African Reserve Bank has reduced interest rates and made it easier for banks to lend money, and supported liquidity in the domestic bond market. Government spending and tax proposals, as well as the loan guarantee scheme and wage protection measures, are providing protection to workers and the poor, while assisting to stay afloat during these tough economic times,” External link

eyewitness-news Tuesday, July 28, 2020 9:11:00 AM EAT

Tito Mboweni said : “Government’s Covid-19 economic support package directs R500 billion straight at the problem. This is one of the largest economic response packages in the developing world. The South African Reserve Bank has reduced interest rates and made it easier for banks to lend money, and supported liquidity in the domestic bond market. Government spending and tax proposals, as well as the loan guarantee scheme and wage protection measures, are providing protection to workers and the poor, while assisting to stay afloat during these tough economic times. Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the Covid-19 pandemic” External link

gov-za Tuesday, July 28, 2020 8:57:00 AM EAT

Tito Mboweni said : "Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic," External link

vietnamnews Tuesday, July 28, 2020 6:58:00 AM EAT

Tito Mboweni said : "Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic," External link

manilastandardtoday Tuesday, July 28, 2020 4:57:00 AM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic,” External link

alarabiya-en Tuesday, July 28, 2020 2:07:00 AM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic,” External link

thehindu Tuesday, July 28, 2020 12:40:00 AM EAT

Tito Mboweni said : “Government’s COVID-19 economic support package directs R500 billion straight at the problem. This is one of the largest economic response packages in the developing world. The South African Reserve Bank has reduced interest rates and made it easier for banks to lend money, and supported liquidity in the domestic bond market. Government spending and tax proposals, as well as the loan guarantee scheme and wage protection measures, are providing protection to workers and the poor, while assisting to stay afloat during these tough economic times. Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic” External link

eyewitness-news Tuesday, July 28, 2020 12:07:00 AM EAT

Tito Mboweni said : "Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic," External link

yahoo-au Monday, July 27, 2020 11:53:00 PM EAT

Tito Mboweni said : “A tender is an ethical contract. It is not a blank cheque to deceive and steal. And stealing from unwell people! During a COVID-19 pandemic! Please people. What kind of people are these criminals?! [SIC],” External link

eyewitness-news Monday, July 27, 2020 11:02:00 AM EAT

Tito Mboweni said : “We are saying let's discuss it [document]. If anyone has a view they must submit it to the minister of finance,” External link

businessday Sunday, July 26, 2020 6:32:00 AM EAT

Tito Mboweni said : “The public finances are dangerously overstretched. Without urgent action in the 2021 budget process, a debt crisis will follow,” External link

sanews Friday, July 24, 2020 12:05:00 PM EAT

Tito Mboweni said : “The public finances are dangerously overstretched. Without urgent action in the 2021 budget process, a debt crisis will follow,” External link

foreignaffairs-nz Friday, July 24, 2020 11:32:00 AM EAT

Tito Mboweni said : “At this stage, there are various options being considered and no definitive decisions have been taken,” External link

dailymaverick Wednesday, July 22, 2020 3:26:00 AM EAT

Tito Mboweni said : “There is no authorisation under section 16 of the PFMA. No funds have been disbursed from the National Revenue Fund [effectively the public purse] to fund the implementation of SAA’s business rescue plan. [The signed letter to Dongwana and Matuson ] does not state that the government will fund the implementation of the business rescue plan to the tune of R10.1-billion” External link

dailymaverick Wednesday, July 22, 2020 3:26:00 AM EAT

Tito Mboweni states : “This is not the case. No such decision has been taken,” External link

citizen Wednesday, July 22, 2020 12:19:00 AM EAT

Tito Mboweni states : “At this stage there are various options being considered and no definitive decisions have been taken,” “No such decision [to fund SAA via emergency funding] has been taken. Neither is such a decision imminent” External link

citizen Wednesday, July 22, 2020 12:19:00 AM EAT

Tito Mboweni states : "This is not the case. No such decision has been taken," External link

news24 Tuesday, July 21, 2020 3:39:00 PM EAT

Tito Mboweni states : "At this stage there are various options being considered and no definitive decisions have been taken," "No such decision [to fund SAA via emergency funding] has been taken. Neither is such a decision imminent" External link

news24 Tuesday, July 21, 2020 3:39:00 PM EAT

Tito Mboweni said : “It only exists in your mind,” External link

citizen Tuesday, July 21, 2020 2:24:00 PM EAT

Tito Mboweni said : “I think it is incorrect to use this house to try and present yourself as of superior mind [with a] superiority complex which seeks to undermine the efforts of those of us who work day and night to make a success of this country,” “I do not take kindly to anybody who comes and displays some kind of racial superiority here. I hate it. I don’t like it. I desist from that. We know what we are doing and we will continue doing what we are doing” External link

citizen Friday, July 17, 2020 10:13:00 AM EAT

Tito Mboweni said : “unemployment is our single greatest challenge” External link

mg Monday, June 29, 2020 6:44:00 PM EAT

Tito Mboweni said : “Our overall objective is for a compensation system that is fair, transparent, and fiscally affordable. And it is within this framework that we hope the minister will lead the process,” External link

dailymaverick Monday, June 29, 2020 2:05:00 AM EAT

Tito Mboweni said : "There has been a narrow definition from investment managers on how they deal with this regulation," "Government wants the definition to include immovable property and infrastructure. That is all we wanted to do, try to unlock in the minds of investment managers that they can invest a percentage of their investable funds in infrastructure, in addition to immovable property" External link

news24 Saturday, June 27, 2020 8:28:00 AM EAT

Tito Mboweni said : “We have accumulated far too much debt; this downturn will add more,” External link

iol Friday, June 26, 2020 9:06:00 AM EAT

Tito Mboweni said : “Reduced revenue collection, therefore, clearly a constraint on our ability to spend the way we thought we could spend before, we expect revenue to be lost by some R300 billion,” External link

eyewitness-news Friday, June 26, 2020 8:13:00 AM EAT

Tito Mboweni said : “We have to avoid a situation where we go into a debt crisis,” External link

eyewitness-news Friday, June 26, 2020 8:13:00 AM EAT

Tito Mboweni argues : “But debt is our weakness. We have accumulated far too much debt; this downturn will add more. This year, out of every rand that we pay in tax, 21 cents goes to paying the interest on our past debts. This indebtedness condemns us to ever-higher interest rates. If we reduce debt, we will reduce interest rates for everyone and we will unleash investment and growth. So today, with an eye on the future, we set out a strategy to build a bridge to recovery. Our Herculean task is to close the mouth of the Hippopotamus! It is eating our children’s inheritance. We need to stop it now! Our Herculean task is to stabilise debt” External link

dailymaverick Friday, June 26, 2020 3:43:00 AM EAT

Tito Mboweni said : “As a consequence, gross tax revenue for the 2020/21 fiscal year is revised down from R1.43 trillion to R1.12 trillion. That means that we expect to miss our tax target for this year by over R300 billion,” External link

times-co-sz Friday, June 26, 2020 1:47:00 AM EAT

Tito Mboweni said : “As the wise farmer will tell you,” External link

iol Thursday, June 25, 2020 11:50:00 PM EAT

Tito Mboweni said : “Commodity price increases and a weaker oil price have softened the blow, but as a small open economy reliant on exports we have been hit hard by both the collapse in global demand and the restrictions to economic activity,” External link

iol Thursday, June 25, 2020 11:50:00 PM EAT

Tito Mboweni said : “Without external support, these borrowings will almost entirely consume all of our annual domestic saving, leaving no scope for investment or borrowing by anyone else,” External link

iol Thursday, June 25, 2020 11:50:00 PM EAT

Tito Mboweni said : “This year, out of every rand that we pay in tax, 21cents goes to paying the interest on our past debts,” External link

iol Thursday, June 25, 2020 11:50:00 PM EAT

Tito Mboweni said : “In an ideal economic environment, this type of loans acquired internationally should be used for investments … but we are in a crisis,” External link

mg Thursday, June 25, 2020 10:36:00 PM EAT

Tito Mboweni said : “The view of the financial sector regulatory authority is that we must wait a bit until they release a policy document in that regard which I hope that they can do in the next six months,” External link

businessday Thursday, June 25, 2020 10:35:00 PM EAT

Tito Mboweni said : “The National Treasury is supporting the Land Bank to find a solution to its default and craft a long-term restructuring plan,” External link

iol Thursday, June 25, 2020 4:52:00 PM EAT

Tito Mboweni said : “That tells a story that there is no way I would have proceeded to reach a decision with the IMF if the ANC leadership did not support it,” External link

citizen Thursday, June 25, 2020 2:05:00 PM EAT

Tito Mboweni said : "Our Herculean task is to close the mouth of the hippopotamus! It is eating our children's inheritance. We need to stop it now! Our Herculean task is to stabilise debt," External link

news24 Thursday, June 25, 2020 2:04:00 PM EAT

Tito Mboweni said : “Our Herculean task is to close the mouth of the Hippopotamus! It is eating our children’s inheritance. We need to stop it now! Our Herculean task is to stabilise debt,” External link

eyewitness-news Thursday, June 25, 2020 9:57:00 AM EAT

Tito Mboweni said : “This is the largest contraction in nearly 90 years. Commodity price increases and a weaker oil price have softened the blow, but as a small open economy reliant on exports, we have been hit hard by both the collapse in global demand and the restrictions to economic activity,” External link

expressindia Thursday, June 25, 2020 9:26:00 AM EAT

Tito Mboweni said : “More than two million customers have received around 30 billion rand in relief from their commercial banks. Insurers and medical aid schemes have provided premium holidays. Landlords have provided rental relief. All in 100 days. This is indeed a remarkable achievement,” External link

expressindia Thursday, June 25, 2020 9:26:00 AM EAT

Tito Mboweni said : “Government intends to borrow about USD 7 billion from international finance institutions to support the pandemic response. We must make no mistake, these are still borrowings. They are not a source of revenue. They must be paid back,” External link

expressindia Thursday, June 25, 2020 9:26:00 AM EAT

Tito Mboweni said : “The results are devastating. Interest rates sky-rocket. Spending has to stop. Inflation takes hold and people grow much poorer. This is what happened to Germany in the 1920s, to Argentina and to Zimbabwe in the early 2000s, and to Greece in the past few years,” External link

expressindia Thursday, June 25, 2020 9:26:00 AM EAT

Tito Mboweni told : “Debt is our weakness. We have accumulated far too much debt; this downturn will add more. This year, out of every rand that we pay in tax, 21 cents goes to paying the interest on our past debts ,” External link

dailymaverick Thursday, June 25, 2020 4:50:00 AM EAT

Tito Mboweni said : “We have to adapt to the new situation. A new situation in my view requires that we think seriously about going to zero-based budgeting,” External link

waltainfo Thursday, June 25, 2020 1:51:00 AM EAT

Tito Mboweni said : "By doing this we will create jobs, reduce the cost of doing business and build a competitive economy," External link

xinhuanet_en Thursday, June 25, 2020 1:49:00 AM EAT

Tito Mboweni said : "But debt is our weakness. We have accumulated far too much debt; this downturn will add more," External link

xinhuanet_en Thursday, June 25, 2020 1:49:00 AM EAT

Tito Mboweni said : "That tells a story that there is no way I would have proceeded to reach a decision with the IMF if the ANC leadership did not support it," External link

irishsun Wednesday, June 24, 2020 10:46:00 PM EAT

Tito Mboweni said : “This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget,” External link

thezimbabwemail Wednesday, June 24, 2020 10:33:00 PM EAT

Tito Mboweni said : “Our early projection is that gross national debt will be close to R4-trillion, or 81.8% of GDP by the end of this fiscal year. This is compared to an estimate of R3.56-trillion or 65.6% of GDP projected in February,” External link

businessday Wednesday, June 24, 2020 9:55:00 PM EAT

Tito Mboweni said : “We now expect a global contraction of 5.2% this year. This will bring about the broadest collapse in per capita incomes since 1870,” External link

sanews Wednesday, June 24, 2020 9:34:00 PM EAT

Tito Mboweni said : “Throughout the world, tens of millions of workers have lost their jobs. South African unemployment increased by one percentage point, reaching 30.1% in the first three months of this year. This meant it was up from 29.1% in the final quarter of last year,” External link

sanews Wednesday, June 24, 2020 9:34:00 PM EAT

Tito Mboweni said : "That tells a story that there is no way I would have proceeded to reach a decision with the IMF if the ANC leadership did not support it," External link

news24 Wednesday, June 24, 2020 9:00:00 PM EAT

Tito Mboweni said : "The division of revenue presented in the 2020 Budget is revised as follows: the national share for 2020-21 increases from R758 billion to R790 billion, the provincial share decreases from R649 billion to R645 billion and the local government share increases from R133 billion to R140 billion," External link

news24 Wednesday, June 24, 2020 9:00:00 PM EAT

Tito Mboweni said : "Municipalities will adjust their budgets to take into account the sharp decline in revenue as a result of the pandemic. We urge communities to hold councils accountable for the spending of COVID-19 funds," External link

news24 Wednesday, June 24, 2020 9:00:00 PM EAT

Tito Mboweni said : "This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget," External link

startribune Wednesday, June 24, 2020 8:41:00 PM EAT

Tito Mboweni told : "The IMF and the National Treasury have been involved in quite a protracted negotiations process. The discussion are tough, they are difficult," External link

iol Wednesday, June 24, 2020 8:39:00 PM EAT

Tito Mboweni said : “This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget,” External link

wsoctv Wednesday, June 24, 2020 8:29:00 PM EAT

Tito Mboweni said : “To support vulnerable households an additional allocation of R25.5-billion to the social development department is proposed, for a total relief package of R41-billion. All these measures will come to an end in October,” External link

mg Wednesday, June 24, 2020 8:10:00 PM EAT

Tito Mboweni said : “This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget,” External link

seattlepi Wednesday, June 24, 2020 7:55:00 PM EAT

Tito Mboweni souligné : "C'est la pire contraction en près de quatre-vingt dix ans" External link

afp-fr Wednesday, June 24, 2020 7:45:00 PM EAT

Tito Mboweni said : “We now expect a global contraction of 5.2% this year. This will bring about the broadest collapse in per capita incomes since 1870,” External link

foreignaffairs-nz Wednesday, June 24, 2020 7:39:00 PM EAT

Tito Mboweni said : “Throughout the world, tens of millions of workers have lost their jobs. South African unemployment increased by one percentage point, reaching 30.1% in the first three months of this year. This meant it was up from 29.1% in the final quarter of last year,” External link

foreignaffairs-nz Wednesday, June 24, 2020 7:39:00 PM EAT

Tito Mboweni said : “This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget,” External link

TorontoStar Wednesday, June 24, 2020 7:39:00 PM EAT

Tito Mboweni said : "Debt is our weakness. We have accumulated far too much debt; this downturn will add more," "Our Herculean task is to close the mouth of the hippopotamus. It is eating our children's inheritance. We need to stop it now," External link

4-traders Wednesday, June 24, 2020 7:14:00 PM EAT

Tito Mboweni said : “The public finances are dangerously overstretched. If we remain passive, economic growth will stagnate. Our debt will spiral inexorably upwards and debt‐service costs will crowd out public spending on education and other policy priorities,” “We are already spending as much on debt‐service cost as we do on health in this financial year. Eventually, the gains of the democratic era will be lost” External link

businessday Wednesday, June 24, 2020 6:50:00 PM EAT

Tito Mboweni said : "In its first month, the scheme lent over R10 billion. Many more applications are being processed, and lending is expected to rise significantly," External link

iol Wednesday, June 24, 2020 6:46:00 PM EAT

Tito Mboweni said : "This indebtedness condemns us to ever higher interest rates. If we reduce debt, we will reduce interest rates for everyone and we will unleash investment and growth," External link

iol Wednesday, June 24, 2020 6:46:00 PM EAT

Tito Mboweni said : "Our debt will spiral inexorably upwards and debt--service costs will crowd out public spending on education and other policy priorities," External link

4-traders Wednesday, June 24, 2020 6:33:00 PM EAT

Tito Mboweni said : “Municipalities will adjust their budgets to take into account the sharp decline in revenue as a result of the pandemic. We urge communities to hold councils accountable for the spending of COVID‐19 funds,” External link

citizen Wednesday, June 24, 2020 6:33:00 PM EAT

Tito Mboweni said : “National Treasury will also monitor the spending through monthly and quarterly reports” External link

citizen Wednesday, June 24, 2020 6:33:00 PM EAT

Tito Mboweni said : "Our early projection is that gross national debt will be close to R4 trillion, or 81.8% of GDP by the end of this fiscal year," External link

irishsun Wednesday, June 24, 2020 6:20:00 PM EAT

Tito Mboweni said : "Without external support, these borrowings will almost entirely consume all of our annual domestic saving, leaving no scope for investment or borrowing by anyone else. For this reason, we need to access new sources of funding," External link

irishsun Wednesday, June 24, 2020 6:20:00 PM EAT

Tito Mboweni said : "Government intends to borrow $7 billion from international finance institutions to support the pandemic response. We must make no mistake, these are still borrowings. They are not a source of revenue. They must be paid back," External link

irishsun Wednesday, June 24, 2020 6:20:00 PM EAT

Tito Mboweni said : “These measures are in addition to proposed medium-term reductions of R160.2bn to the public-service wage bill set out in the 2020 budget, which are yet to be finalised. Failure to achieve these reductions will require larger reductions to wages and other spending areas in the outer years of the spending framework, and higher revenue increase,” External link

businessday Wednesday, June 24, 2020 6:08:00 PM EAT

Tito Mboweni said : “The National Treasury is supporting the Land Bank to find a solution to its default and craft a long‐term restructuring plan,” External link

businessday Wednesday, June 24, 2020 6:08:00 PM EAT

Tito Mboweni said : "Our early projection is that gross national debt will be close to R4 trillion, or 81.8% of GDP by the end of this fiscal year," External link

news24 Wednesday, June 24, 2020 5:57:00 PM EAT

Tito Mboweni said : "Without external support, these borrowings will almost entirely consume all of our annual domestic saving, leaving no scope for investment or borrowing by anyone else. For this reason, we need to access new sources of funding," External link

news24 Wednesday, June 24, 2020 5:57:00 PM EAT

Tito Mboweni said : "Government intends to borrow $7 billion from international finance institutions to support the pandemic response. We must make no mistake, these are still borrowings. They are not a source of revenue. They must be paid back," External link

news24 Wednesday, June 24, 2020 5:57:00 PM EAT

Tito Mboweni said : “Our Herculean task is to close the mouth of the hippopotamus! It is eating our children’s inheritance. We need to stop it now!” External link

miningweekly Wednesday, June 24, 2020 5:27:00 PM EAT

Tito Mboweni said : “A sovereign-debt crisis is a very serious matter, and we are looking it in the eye by 2024 if we do not redo our Budget; if we do not manage our house finances carefully,” External link

iol Wednesday, June 24, 2020 3:24:00 PM EAT

Tito Mboweni said : “We can no longer spend the way we were spending before. We are much, much poorer and therefore all of us have to adjust our expectations,” “A sovereign debt crisis is a very serious matter and we are looking it in the eye by 2024 if we do not redo our budget, if we do not manage our house finances carefully” External link

the-star Wednesday, June 24, 2020 8:20:00 AM EAT

Tito Mboweni added : “we can no longer do things which we had hoped to do before” External link

businessday Tuesday, June 23, 2020 6:46:00 PM EAT

Tito Mboweni said : “A sovereign-debt crisis is a very serious matter, and we are looking it in the eye by 2024 if we do not redo our Budget; if we do not manage our house finances carefully,” External link

iol Monday, June 22, 2020 3:10:00 PM EAT

Tito Mboweni said : “A sovereign-debt crisis is a very serious matter, and we are looking it in the eye by 2024 if we do not redo our Budget; if we do not manage our house finances carefully,” External link

iol Monday, June 22, 2020 11:03:00 AM EAT

Tito Mboweni told : “In 2024 the debt-to-GDP is higher than the GDP (gross domestic product),” External link

dailymaverick Monday, June 22, 2020 3:44:00 AM EAT

Tito Mboweni said : “We can no longer spend the way we were spending before. We are much, much poorer and therefore all of us have to adjust our expectations,” “A sovereign debt crisis is a very serious matter and we are looking it in the eye by 2024 if we do not redo our budget, if we do not manage our house finances carefully” External link

iol Sunday, June 21, 2020 9:11:00 AM EAT

Tito Mboweni said : “all kinds of structural reform programs we do not want,” External link

thenational Saturday, June 20, 2020 6:01:00 PM EAT

Tito Mboweni said : “all kinds of structural reform programs we do not want,” External link

news-yahoo Saturday, June 20, 2020 10:37:00 AM EAT

Tito Mboweni said : “We are no longer as rich as we thought we were,” “We are much, much poorer and therefore all of us have to adjust our expectations” External link

bloomberg Thursday, June 18, 2020 11:00:00 PM EAT

Tito Mboweni said : "If we don't do this, by 2024, this country will be in a situation where the debt to GDP ratio will be higher than the GDP of the country. In simple technical economic terms, that means we are going to be in a sovereign debt crisis," External link

news24 Thursday, June 18, 2020 7:06:00 PM EAT

Tito Mboweni said : "We can no longer spend the way we were spending before. We can no longer do things which we had hoped to do before. The situation has radically changed, and we need to begin considering the zero-based budget system," External link

news24 Thursday, June 18, 2020 7:06:00 PM EAT

Tito Mboweni said : "I say this with a very painful heart. The devastation in the economy has resulted in major tax revenue weaknesses," "We are much, much poorer and therefore all of us have to adjust our expectations. We can longer spend the way we were spending before. We can no longer do things we had hoped to do. The situation has radically changed" External link

news24 Thursday, June 18, 2020 5:22:00 PM EAT

Tito Mboweni said : "Allocating funds according to our revenue base, avoid as much as possible borrowing to fund the gap and live within our means. If we don't do this, by 2024 this country will be in a situation where the debt to gross domestic product (GDP) ratio [will be] higher than the GDP of the country," External link

news24 Thursday, June 18, 2020 5:22:00 PM EAT

Tito Mboweni said : “We have to adapt to the new situation. A new situation in my view … requires that we think seriously about going to zero-based budgeting,” External link

financialgazette Monday, June 15, 2020 4:44:00 AM EAT

Tito Mboweni said : “We have to adapt to the new situation. A new situation in my view ... requires that we think seriously about going to zero-based budgeting,” External link

eyewitness-news Saturday, June 13, 2020 2:25:00 PM EAT

Tito Mboweni said : “We are no longer as rich as we used to think we are. So we have to adapt,” External link

dailymaverick Saturday, June 13, 2020 1:20:00 AM EAT

Tito Mboweni said : “In other words, we refocus our attention on the strategic issues we can do, refocus our attention on the growth-enhancing activities and no longer take for granted that the baseline that was there last year, will always be the case going forward,” External link

citizen Friday, June 12, 2020 9:52:00 PM EAT

Tito Mboweni said : “We have to adapt to changed circumstances” External link

citizen Friday, June 12, 2020 9:52:00 PM EAT

Tito Mboweni said : “Most sectors of our economy are in dire straits, from construction to the retail sector, to mining, they are all in difficulty. We need to be brave and determined to implement structural reforms,” External link

citizen Friday, June 12, 2020 6:08:00 PM EAT

Tito Mboweni said : "We have to adapt to the new situation. A new situation in my view ... requires that we think seriously about going to zero-based budgeting," External link

wsau Friday, June 12, 2020 3:59:00 PM EAT

Tito Mboweni said : "We are no longer as rich as we used to think we are. We need to adapt to a new situation," External link

news24 Friday, June 12, 2020 3:13:00 PM EAT

Tito Mboweni said : "We cannot take for granted the baseline we had last year, will always be the case going forward," External link

news24 Friday, June 12, 2020 3:13:00 PM EAT

Tito Mboweni observed : "He occupies one of the most important positions on the African continent. Executive mayor of Ekurhuleni (the city of peace). This is the largest industrial zone on the whole of Africa. I respect his views, misguided as they might be. Energetic, active and honest," External link

allafrica Wednesday, June 3, 2020 3:42:00 AM EAT

Tito Mboweni déclaré : «Le FMI a indiqué lui-même que l'Afrique du Sud est en droit de demander cette somme en réponse à cette crise» External link

lessentiel-lu-fr Wednesday, April 29, 2020 12:52:00 AM EAT

Tito Mboweni déclaré : «Le FMI a indiqué lui-même que l'Afrique du Sud est en droit de demander cette somme en réponse à cette crise» External link

lessentiel-lu-fr Tuesday, April 28, 2020 6:01:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
governor35.76%EN08/11/201711/08/2017
reserve bank governor24.85%EN08/11/201711/08/2017
Governor13.03%EN08/10/201710/08/2017
south african reserve bank governor3.94%EN08/10/201710/08/2017
african reserve bank governor3.03%EN08/10/201710/08/2017
former south african reserve bank governor1.82%EN08/10/201710/08/2017
former reserve bank governor6.36%EN06/20/201720/06/2017
member1.52%EN04/03/201703/04/2017
south africa reserve bank governor1.82%EN03/09/201709/03/2017
africa reserve bank governor1.52%EN03/09/201709/03/2017
gouverneur1.52%FR01/29/201729/01/2017
then reserve bank governor0.30%EN01/13/201713/01/2017
director0.61%EN09/09/201609/09/2016
brics bank director0.30%EN09/09/201609/09/2016
south africa former reserve bank governor0.30%EN09/02/201602/09/2016
africa former reserve bank governor0.30%EN09/02/201602/09/2016
minister trevor manuel and reserve bank governor0.91%EN06/30/201630/06/2016
committee member2.12%EN01/20/201420/01/2014
Names Lang Count
Tito MboweniEN67.85%
Tito MboweniEU28.32%
Tito MboweniFR3.24%
Tito MboweniAF0.29%
Tito MboweniPT0.29%


 
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Gideon Gono said ( about Tito Mboweni ) : "As for adopting the rand, it will not happen. We held those discussions way back in 2005/2006 with current SA Minister of Finance (Tito Mboweni) when he was the SARB (South African Reserve Bank) governor," "There are certain fundamental preconditions that ought to be fulfilled on both sides of the Limpopo River before such an eventuality takes place. Those preconditions were laid out to us very unambiguously and as things stand, we are quite a distance away from the nearest corner that would allow our whispers and loudest voices to be heard" External link

onlinenigeria Friday, August 7, 2020 1:24:00 PM EAT

Gideon Gono said ( about Tito Mboweni ) : "As for adopting the rand, it will not happen. We held those discussions way back in 2005/2006 with current SA Minister of Finance (Tito Mboweni) when he was the SARB (South African Reserve Bank) governor," "There are certain fundamental preconditions that ought to be fulfilled on both sides of the Limpopo River before such an eventuality takes place. Those preconditions were laid out to us very unambiguously and as things stand, we are quite a distance away from the nearest corner that would allow our whispers and loudest voices to be heard" External link

bulawayo24 Friday, August 7, 2020 11:10:00 AM EAT

David Maynier said ( about Tito Mboweni ) : “When Minister of Finance Tito Mboweni tabled his Special Adjustments Budget, the provincial budget was effectively cut by R113.1million” External link

iol Sunday, July 26, 2020 6:20:00 PM EAT

Roger Baxter concluded ( about Tito Mboweni ) : “We commend Minister Mboweni for taking some of the tough first steps in this journey to allow South Africa to take the fork to the high road,” External link

miningnews Thursday, June 25, 2020 11:59:00 AM EAT

Dennis Bloem said ( about Tito Mboweni ) : “What Minister Mboweni is saying that we must start with a zero-based Budget, we fully support that,” External link

iol Wednesday, June 24, 2020 12:12:00 PM EAT

AfricaBrief

Tito Mboweni

Last updated on 2017-07-25T01:06+0300.

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Quotes... Extracted quotes from

Tito Mboweni said : “We want to insist that all contracts must be published, showing which companies won contracts. We want to know when those companies were formed and whether they were formed by politically exposed [or connected] people. We want to also know the competitors that bid for contracts and the basis for why their bids were rejected,” External link

dailymaverick Thursday, August 6, 2020 2:28:00 AM EAT

Tito Mboweni said : "The reality is, people found the opportunity to do something wrong," External link

news24 Wednesday, August 5, 2020 11:17:00 PM EAT

Tito Mboweni said : “If all the procurement parties followed the tender and procurement processes, we would not be having this conversation today. The Treasury instructions are very clear: description of the item, supplier’s name, unit price of the material being procured, quantity, total price; and if this price in line with the Treasury instruction or not,” External link

citizen Wednesday, August 5, 2020 10:43:00 PM EAT

Tito Mboweni said : “The feeding frenzy that is going on in the country, that every contract and every tender issued is equal to corruption is incorrect… It is very important to put things in perspective,” External link

dailymaverick Thursday, July 30, 2020 1:39:00 AM EAT

Tito Mboweni said : “possible acts of corruption in some of the contracts” External link

dailymaverick Thursday, July 30, 2020 1:39:00 AM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic,” External link

jamaicaobserver Wednesday, July 29, 2020 8:43:00 AM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic,” External link

taipeitimes Tuesday, July 28, 2020 8:40:00 PM EAT

Tito Mboweni said : "Government's Covid-19 economic support package directs R500 billion straight at the problem. This is one of the largest economic response packages in the developing world," External link

news24 Tuesday, July 28, 2020 6:10:00 PM EAT

Tito Mboweni said : "Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the Covid-19 pandemic," External link

news24 Tuesday, July 28, 2020 6:10:00 PM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the Covid-19 pandemic” External link

mg Tuesday, July 28, 2020 12:58:00 PM EAT

Tito Mboweni said : “The South African Reserve Bank has reduced interest rates and made it easier for banks to lend money, and supported liquidity in the domestic bond market. Government spending and tax proposals, as well as the loan guarantee scheme and wage protection measures, are providing protection to workers and the poor while assisting to stay afloat during these tough economic times,” External link

foreignaffairs-nz Tuesday, July 28, 2020 11:04:00 AM EAT

Tito Mboweni said ( about Saida Harrigan ) : “Government’s COVID-19 economic support package directs R500 billion straight at the problem. This is one of the largest economic response packages in the developing world. The South African Reserve Bank has reduced interest rates and made it easier for banks to lend money, and supported liquidity in the domestic bond market. Government spending and tax proposals, as well as the loan guarantee scheme and wage protection measures, are providing protection to workers and the poor, while assisting to stay afloat during these tough economic times,” External link

eyewitness-news Tuesday, July 28, 2020 9:11:00 AM EAT

Tito Mboweni said : “Government’s Covid-19 economic support package directs R500 billion straight at the problem. This is one of the largest economic response packages in the developing world. The South African Reserve Bank has reduced interest rates and made it easier for banks to lend money, and supported liquidity in the domestic bond market. Government spending and tax proposals, as well as the loan guarantee scheme and wage protection measures, are providing protection to workers and the poor, while assisting to stay afloat during these tough economic times. Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the Covid-19 pandemic” External link

gov-za Tuesday, July 28, 2020 8:57:00 AM EAT

Tito Mboweni said : "Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic," External link

vietnamnews Tuesday, July 28, 2020 6:58:00 AM EAT

Tito Mboweni said : "Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic," External link

manilastandardtoday Tuesday, July 28, 2020 4:57:00 AM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic,” External link

alarabiya-en Tuesday, July 28, 2020 2:07:00 AM EAT

Tito Mboweni said : “Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic,” External link

thehindu Tuesday, July 28, 2020 12:40:00 AM EAT

Tito Mboweni said : “Government’s COVID-19 economic support package directs R500 billion straight at the problem. This is one of the largest economic response packages in the developing world. The South African Reserve Bank has reduced interest rates and made it easier for banks to lend money, and supported liquidity in the domestic bond market. Government spending and tax proposals, as well as the loan guarantee scheme and wage protection measures, are providing protection to workers and the poor, while assisting to stay afloat during these tough economic times. Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic” External link

eyewitness-news Tuesday, July 28, 2020 12:07:00 AM EAT

Tito Mboweni said : "Going forward, our fiscal measures will build on our policy strengths and limit the existing economic vulnerabilities which have been exacerbated by the COVID-19 pandemic," External link

yahoo-au Monday, July 27, 2020 11:53:00 PM EAT

Tito Mboweni said : “A tender is an ethical contract. It is not a blank cheque to deceive and steal. And stealing from unwell people! During a COVID-19 pandemic! Please people. What kind of people are these criminals?! [SIC],” External link

eyewitness-news Monday, July 27, 2020 11:02:00 AM EAT

Tito Mboweni said : “We are saying let's discuss it [document]. If anyone has a view they must submit it to the minister of finance,” External link

businessday Sunday, July 26, 2020 6:32:00 AM EAT

Tito Mboweni said : “The public finances are dangerously overstretched. Without urgent action in the 2021 budget process, a debt crisis will follow,” External link

sanews Friday, July 24, 2020 12:05:00 PM EAT

Tito Mboweni said : “The public finances are dangerously overstretched. Without urgent action in the 2021 budget process, a debt crisis will follow,” External link

foreignaffairs-nz Friday, July 24, 2020 11:32:00 AM EAT

Tito Mboweni said : “At this stage, there are various options being considered and no definitive decisions have been taken,” External link

dailymaverick Wednesday, July 22, 2020 3:26:00 AM EAT

Tito Mboweni said : “There is no authorisation under section 16 of the PFMA. No funds have been disbursed from the National Revenue Fund [effectively the public purse] to fund the implementation of SAA’s business rescue plan. [The signed letter to Dongwana and Matuson ] does not state that the government will fund the implementation of the business rescue plan to the tune of R10.1-billion” External link

dailymaverick Wednesday, July 22, 2020 3:26:00 AM EAT

Tito Mboweni states : “This is not the case. No such decision has been taken,” External link

citizen Wednesday, July 22, 2020 12:19:00 AM EAT

Tito Mboweni states : “At this stage there are various options being considered and no definitive decisions have been taken,” “No such decision [to fund SAA via emergency funding] has been taken. Neither is such a decision imminent” External link

citizen Wednesday, July 22, 2020 12:19:00 AM EAT

Tito Mboweni states : "This is not the case. No such decision has been taken," External link

news24 Tuesday, July 21, 2020 3:39:00 PM EAT

Tito Mboweni states : "At this stage there are various options being considered and no definitive decisions have been taken," "No such decision [to fund SAA via emergency funding] has been taken. Neither is such a decision imminent" External link

news24 Tuesday, July 21, 2020 3:39:00 PM EAT

Tito Mboweni said : “It only exists in your mind,” External link

citizen Tuesday, July 21, 2020 2:24:00 PM EAT

Tito Mboweni said : “I think it is incorrect to use this house to try and present yourself as of superior mind [with a] superiority complex which seeks to undermine the efforts of those of us who work day and night to make a success of this country,” “I do not take kindly to anybody who comes and displays some kind of racial superiority here. I hate it. I don’t like it. I desist from that. We know what we are doing and we will continue doing what we are doing” External link

citizen Friday, July 17, 2020 10:13:00 AM EAT

Tito Mboweni said : “unemployment is our single greatest challenge” External link

mg Monday, June 29, 2020 6:44:00 PM EAT

Tito Mboweni said : “Our overall objective is for a compensation system that is fair, transparent, and fiscally affordable. And it is within this framework that we hope the minister will lead the process,” External link

dailymaverick Monday, June 29, 2020 2:05:00 AM EAT

Tito Mboweni said : "There has been a narrow definition from investment managers on how they deal with this regulation," "Government wants the definition to include immovable property and infrastructure. That is all we wanted to do, try to unlock in the minds of investment managers that they can invest a percentage of their investable funds in infrastructure, in addition to immovable property" External link

news24 Saturday, June 27, 2020 8:28:00 AM EAT

Tito Mboweni said : “We have accumulated far too much debt; this downturn will add more,” External link

iol Friday, June 26, 2020 9:06:00 AM EAT

Tito Mboweni said : “Reduced revenue collection, therefore, clearly a constraint on our ability to spend the way we thought we could spend before, we expect revenue to be lost by some R300 billion,” External link

eyewitness-news Friday, June 26, 2020 8:13:00 AM EAT

Tito Mboweni said : “We have to avoid a situation where we go into a debt crisis,” External link

eyewitness-news Friday, June 26, 2020 8:13:00 AM EAT

Tito Mboweni argues : “But debt is our weakness. We have accumulated far too much debt; this downturn will add more. This year, out of every rand that we pay in tax, 21 cents goes to paying the interest on our past debts. This indebtedness condemns us to ever-higher interest rates. If we reduce debt, we will reduce interest rates for everyone and we will unleash investment and growth. So today, with an eye on the future, we set out a strategy to build a bridge to recovery. Our Herculean task is to close the mouth of the Hippopotamus! It is eating our children’s inheritance. We need to stop it now! Our Herculean task is to stabilise debt” External link

dailymaverick Friday, June 26, 2020 3:43:00 AM EAT

Tito Mboweni said : “As a consequence, gross tax revenue for the 2020/21 fiscal year is revised down from R1.43 trillion to R1.12 trillion. That means that we expect to miss our tax target for this year by over R300 billion,” External link

times-co-sz Friday, June 26, 2020 1:47:00 AM EAT

Tito Mboweni said : “As the wise farmer will tell you,” External link

iol Thursday, June 25, 2020 11:50:00 PM EAT

Tito Mboweni said : “Commodity price increases and a weaker oil price have softened the blow, but as a small open economy reliant on exports we have been hit hard by both the collapse in global demand and the restrictions to economic activity,” External link

iol Thursday, June 25, 2020 11:50:00 PM EAT

Tito Mboweni said : “Without external support, these borrowings will almost entirely consume all of our annual domestic saving, leaving no scope for investment or borrowing by anyone else,” External link

iol Thursday, June 25, 2020 11:50:00 PM EAT

Tito Mboweni said : “This year, out of every rand that we pay in tax, 21cents goes to paying the interest on our past debts,” External link

iol Thursday, June 25, 2020 11:50:00 PM EAT

Tito Mboweni said : “In an ideal economic environment, this type of loans acquired internationally should be used for investments … but we are in a crisis,” External link

mg Thursday, June 25, 2020 10:36:00 PM EAT

Tito Mboweni said : “The view of the financial sector regulatory authority is that we must wait a bit until they release a policy document in that regard which I hope that they can do in the next six months,” External link

businessday Thursday, June 25, 2020 10:35:00 PM EAT

Tito Mboweni said : “The National Treasury is supporting the Land Bank to find a solution to its default and craft a long-term restructuring plan,” External link

iol Thursday, June 25, 2020 4:52:00 PM EAT

Tito Mboweni said : “That tells a story that there is no way I would have proceeded to reach a decision with the IMF if the ANC leadership did not support it,” External link

citizen Thursday, June 25, 2020 2:05:00 PM EAT

Tito Mboweni said : "Our Herculean task is to close the mouth of the hippopotamus! It is eating our children's inheritance. We need to stop it now! Our Herculean task is to stabilise debt," External link

news24 Thursday, June 25, 2020 2:04:00 PM EAT

Tito Mboweni said : “Our Herculean task is to close the mouth of the Hippopotamus! It is eating our children’s inheritance. We need to stop it now! Our Herculean task is to stabilise debt,” External link

eyewitness-news Thursday, June 25, 2020 9:57:00 AM EAT

Tito Mboweni said : “This is the largest contraction in nearly 90 years. Commodity price increases and a weaker oil price have softened the blow, but as a small open economy reliant on exports, we have been hit hard by both the collapse in global demand and the restrictions to economic activity,” External link

expressindia Thursday, June 25, 2020 9:26:00 AM EAT

Tito Mboweni said : “More than two million customers have received around 30 billion rand in relief from their commercial banks. Insurers and medical aid schemes have provided premium holidays. Landlords have provided rental relief. All in 100 days. This is indeed a remarkable achievement,” External link

expressindia Thursday, June 25, 2020 9:26:00 AM EAT

Tito Mboweni said : “Government intends to borrow about USD 7 billion from international finance institutions to support the pandemic response. We must make no mistake, these are still borrowings. They are not a source of revenue. They must be paid back,” External link

expressindia Thursday, June 25, 2020 9:26:00 AM EAT

Tito Mboweni said : “The results are devastating. Interest rates sky-rocket. Spending has to stop. Inflation takes hold and people grow much poorer. This is what happened to Germany in the 1920s, to Argentina and to Zimbabwe in the early 2000s, and to Greece in the past few years,” External link

expressindia Thursday, June 25, 2020 9:26:00 AM EAT

Tito Mboweni told : “Debt is our weakness. We have accumulated far too much debt; this downturn will add more. This year, out of every rand that we pay in tax, 21 cents goes to paying the interest on our past debts ,” External link

dailymaverick Thursday, June 25, 2020 4:50:00 AM EAT

Tito Mboweni said : “We have to adapt to the new situation. A new situation in my view requires that we think seriously about going to zero-based budgeting,” External link

waltainfo Thursday, June 25, 2020 1:51:00 AM EAT

Tito Mboweni said : "By doing this we will create jobs, reduce the cost of doing business and build a competitive economy," External link

xinhuanet_en Thursday, June 25, 2020 1:49:00 AM EAT

Tito Mboweni said : "But debt is our weakness. We have accumulated far too much debt; this downturn will add more," External link

xinhuanet_en Thursday, June 25, 2020 1:49:00 AM EAT

Tito Mboweni said : "That tells a story that there is no way I would have proceeded to reach a decision with the IMF if the ANC leadership did not support it," External link

irishsun Wednesday, June 24, 2020 10:46:00 PM EAT

Tito Mboweni said : “This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget,” External link

thezimbabwemail Wednesday, June 24, 2020 10:33:00 PM EAT

Tito Mboweni said : “Our early projection is that gross national debt will be close to R4-trillion, or 81.8% of GDP by the end of this fiscal year. This is compared to an estimate of R3.56-trillion or 65.6% of GDP projected in February,” External link

businessday Wednesday, June 24, 2020 9:55:00 PM EAT

Tito Mboweni said : “We now expect a global contraction of 5.2% this year. This will bring about the broadest collapse in per capita incomes since 1870,” External link

sanews Wednesday, June 24, 2020 9:34:00 PM EAT

Tito Mboweni said : “Throughout the world, tens of millions of workers have lost their jobs. South African unemployment increased by one percentage point, reaching 30.1% in the first three months of this year. This meant it was up from 29.1% in the final quarter of last year,” External link

sanews Wednesday, June 24, 2020 9:34:00 PM EAT

Tito Mboweni said : "That tells a story that there is no way I would have proceeded to reach a decision with the IMF if the ANC leadership did not support it," External link

news24 Wednesday, June 24, 2020 9:00:00 PM EAT

Tito Mboweni said : "The division of revenue presented in the 2020 Budget is revised as follows: the national share for 2020-21 increases from R758 billion to R790 billion, the provincial share decreases from R649 billion to R645 billion and the local government share increases from R133 billion to R140 billion," External link

news24 Wednesday, June 24, 2020 9:00:00 PM EAT

Tito Mboweni said : "Municipalities will adjust their budgets to take into account the sharp decline in revenue as a result of the pandemic. We urge communities to hold councils accountable for the spending of COVID-19 funds," External link

news24 Wednesday, June 24, 2020 9:00:00 PM EAT

Tito Mboweni said : "This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget," External link

startribune Wednesday, June 24, 2020 8:41:00 PM EAT

Tito Mboweni told : "The IMF and the National Treasury have been involved in quite a protracted negotiations process. The discussion are tough, they are difficult," External link

iol Wednesday, June 24, 2020 8:39:00 PM EAT

Tito Mboweni said : “This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget,” External link

wsoctv Wednesday, June 24, 2020 8:29:00 PM EAT

Tito Mboweni said : “To support vulnerable households an additional allocation of R25.5-billion to the social development department is proposed, for a total relief package of R41-billion. All these measures will come to an end in October,” External link

mg Wednesday, June 24, 2020 8:10:00 PM EAT

Tito Mboweni said : “This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget,” External link

seattlepi Wednesday, June 24, 2020 7:55:00 PM EAT

Tito Mboweni souligné : "C'est la pire contraction en près de quatre-vingt dix ans" External link

afp-fr Wednesday, June 24, 2020 7:45:00 PM EAT

Tito Mboweni said : “We now expect a global contraction of 5.2% this year. This will bring about the broadest collapse in per capita incomes since 1870,” External link

foreignaffairs-nz Wednesday, June 24, 2020 7:39:00 PM EAT

Tito Mboweni said : “Throughout the world, tens of millions of workers have lost their jobs. South African unemployment increased by one percentage point, reaching 30.1% in the first three months of this year. This meant it was up from 29.1% in the final quarter of last year,” External link

foreignaffairs-nz Wednesday, June 24, 2020 7:39:00 PM EAT

Tito Mboweni said : “This is a supplementary budget occasioned by the change in the situation. The historic nature of this pandemic and economic downturn has made it necessary to table this budget,” External link

TorontoStar Wednesday, June 24, 2020 7:39:00 PM EAT

Tito Mboweni said : "Debt is our weakness. We have accumulated far too much debt; this downturn will add more," "Our Herculean task is to close the mouth of the hippopotamus. It is eating our children's inheritance. We need to stop it now," External link

4-traders Wednesday, June 24, 2020 7:14:00 PM EAT

Tito Mboweni said : “The public finances are dangerously overstretched. If we remain passive, economic growth will stagnate. Our debt will spiral inexorably upwards and debt‐service costs will crowd out public spending on education and other policy priorities,” “We are already spending as much on debt‐service cost as we do on health in this financial year. Eventually, the gains of the democratic era will be lost” External link

businessday Wednesday, June 24, 2020 6:50:00 PM EAT

Tito Mboweni said : "In its first month, the scheme lent over R10 billion. Many more applications are being processed, and lending is expected to rise significantly," External link

iol Wednesday, June 24, 2020 6:46:00 PM EAT

Tito Mboweni said : "This indebtedness condemns us to ever higher interest rates. If we reduce debt, we will reduce interest rates for everyone and we will unleash investment and growth," External link

iol Wednesday, June 24, 2020 6:46:00 PM EAT

Tito Mboweni said : "Our debt will spiral inexorably upwards and debt--service costs will crowd out public spending on education and other policy priorities," External link

4-traders Wednesday, June 24, 2020 6:33:00 PM EAT

Tito Mboweni said : “Municipalities will adjust their budgets to take into account the sharp decline in revenue as a result of the pandemic. We urge communities to hold councils accountable for the spending of COVID‐19 funds,” External link

citizen Wednesday, June 24, 2020 6:33:00 PM EAT

Tito Mboweni said : “National Treasury will also monitor the spending through monthly and quarterly reports” External link

citizen Wednesday, June 24, 2020 6:33:00 PM EAT

Tito Mboweni said : "Our early projection is that gross national debt will be close to R4 trillion, or 81.8% of GDP by the end of this fiscal year," External link

irishsun Wednesday, June 24, 2020 6:20:00 PM EAT

Tito Mboweni said : "Without external support, these borrowings will almost entirely consume all of our annual domestic saving, leaving no scope for investment or borrowing by anyone else. For this reason, we need to access new sources of funding," External link

irishsun Wednesday, June 24, 2020 6:20:00 PM EAT

Tito Mboweni said : "Government intends to borrow $7 billion from international finance institutions to support the pandemic response. We must make no mistake, these are still borrowings. They are not a source of revenue. They must be paid back," External link

irishsun Wednesday, June 24, 2020 6:20:00 PM EAT

Tito Mboweni said : “These measures are in addition to proposed medium-term reductions of R160.2bn to the public-service wage bill set out in the 2020 budget, which are yet to be finalised. Failure to achieve these reductions will require larger reductions to wages and other spending areas in the outer years of the spending framework, and higher revenue increase,” External link

businessday Wednesday, June 24, 2020 6:08:00 PM EAT

Tito Mboweni said : “The National Treasury is supporting the Land Bank to find a solution to its default and craft a long‐term restructuring plan,” External link

businessday Wednesday, June 24, 2020 6:08:00 PM EAT

Tito Mboweni said : "Our early projection is that gross national debt will be close to R4 trillion, or 81.8% of GDP by the end of this fiscal year," External link

news24 Wednesday, June 24, 2020 5:57:00 PM EAT

Tito Mboweni said : "Without external support, these borrowings will almost entirely consume all of our annual domestic saving, leaving no scope for investment or borrowing by anyone else. For this reason, we need to access new sources of funding," External link

news24 Wednesday, June 24, 2020 5:57:00 PM EAT

Tito Mboweni said : "Government intends to borrow $7 billion from international finance institutions to support the pandemic response. We must make no mistake, these are still borrowings. They are not a source of revenue. They must be paid back," External link

news24 Wednesday, June 24, 2020 5:57:00 PM EAT

Tito Mboweni said : “Our Herculean task is to close the mouth of the hippopotamus! It is eating our children’s inheritance. We need to stop it now!” External link

miningweekly Wednesday, June 24, 2020 5:27:00 PM EAT

Tito Mboweni said : “A sovereign-debt crisis is a very serious matter, and we are looking it in the eye by 2024 if we do not redo our Budget; if we do not manage our house finances carefully,” External link

iol Wednesday, June 24, 2020 3:24:00 PM EAT

Tito Mboweni said : “We can no longer spend the way we were spending before. We are much, much poorer and therefore all of us have to adjust our expectations,” “A sovereign debt crisis is a very serious matter and we are looking it in the eye by 2024 if we do not redo our budget, if we do not manage our house finances carefully” External link

the-star Wednesday, June 24, 2020 8:20:00 AM EAT

Tito Mboweni added : “we can no longer do things which we had hoped to do before” External link

businessday Tuesday, June 23, 2020 6:46:00 PM EAT

Tito Mboweni said : “A sovereign-debt crisis is a very serious matter, and we are looking it in the eye by 2024 if we do not redo our Budget; if we do not manage our house finances carefully,” External link

iol Monday, June 22, 2020 3:10:00 PM EAT

Tito Mboweni said : “A sovereign-debt crisis is a very serious matter, and we are looking it in the eye by 2024 if we do not redo our Budget; if we do not manage our house finances carefully,” External link

iol Monday, June 22, 2020 11:03:00 AM EAT

Tito Mboweni told : “In 2024 the debt-to-GDP is higher than the GDP (gross domestic product),” External link

dailymaverick Monday, June 22, 2020 3:44:00 AM EAT

Tito Mboweni said : “We can no longer spend the way we were spending before. We are much, much poorer and therefore all of us have to adjust our expectations,” “A sovereign debt crisis is a very serious matter and we are looking it in the eye by 2024 if we do not redo our budget, if we do not manage our house finances carefully” External link

iol Sunday, June 21, 2020 9:11:00 AM EAT

Tito Mboweni said : “all kinds of structural reform programs we do not want,” External link

thenational Saturday, June 20, 2020 6:01:00 PM EAT

Tito Mboweni said : “all kinds of structural reform programs we do not want,” External link

news-yahoo Saturday, June 20, 2020 10:37:00 AM EAT

Tito Mboweni said : “We are no longer as rich as we thought we were,” “We are much, much poorer and therefore all of us have to adjust our expectations” External link

bloomberg Thursday, June 18, 2020 11:00:00 PM EAT

Tito Mboweni said : "If we don't do this, by 2024, this country will be in a situation where the debt to GDP ratio will be higher than the GDP of the country. In simple technical economic terms, that means we are going to be in a sovereign debt crisis," External link

news24 Thursday, June 18, 2020 7:06:00 PM EAT

Tito Mboweni said : "We can no longer spend the way we were spending before. We can no longer do things which we had hoped to do before. The situation has radically changed, and we need to begin considering the zero-based budget system," External link

news24 Thursday, June 18, 2020 7:06:00 PM EAT

Tito Mboweni said : "I say this with a very painful heart. The devastation in the economy has resulted in major tax revenue weaknesses," "We are much, much poorer and therefore all of us have to adjust our expectations. We can longer spend the way we were spending before. We can no longer do things we had hoped to do. The situation has radically changed" External link

news24 Thursday, June 18, 2020 5:22:00 PM EAT

Tito Mboweni said : "Allocating funds according to our revenue base, avoid as much as possible borrowing to fund the gap and live within our means. If we don't do this, by 2024 this country will be in a situation where the debt to gross domestic product (GDP) ratio [will be] higher than the GDP of the country," External link

news24 Thursday, June 18, 2020 5:22:00 PM EAT

Tito Mboweni said : “We have to adapt to the new situation. A new situation in my view … requires that we think seriously about going to zero-based budgeting,” External link

financialgazette Monday, June 15, 2020 4:44:00 AM EAT

Tito Mboweni said : “We have to adapt to the new situation. A new situation in my view ... requires that we think seriously about going to zero-based budgeting,” External link

eyewitness-news Saturday, June 13, 2020 2:25:00 PM EAT

Tito Mboweni said : “We are no longer as rich as we used to think we are. So we have to adapt,” External link

dailymaverick Saturday, June 13, 2020 1:20:00 AM EAT

Tito Mboweni said : “In other words, we refocus our attention on the strategic issues we can do, refocus our attention on the growth-enhancing activities and no longer take for granted that the baseline that was there last year, will always be the case going forward,” External link

citizen Friday, June 12, 2020 9:52:00 PM EAT

Tito Mboweni said : “We have to adapt to changed circumstances” External link

citizen Friday, June 12, 2020 9:52:00 PM EAT

Tito Mboweni said : “Most sectors of our economy are in dire straits, from construction to the retail sector, to mining, they are all in difficulty. We need to be brave and determined to implement structural reforms,” External link

citizen Friday, June 12, 2020 6:08:00 PM EAT

Tito Mboweni said : "We have to adapt to the new situation. A new situation in my view ... requires that we think seriously about going to zero-based budgeting," External link

wsau Friday, June 12, 2020 3:59:00 PM EAT

Tito Mboweni said : "We are no longer as rich as we used to think we are. We need to adapt to a new situation," External link

news24 Friday, June 12, 2020 3:13:00 PM EAT

Tito Mboweni said : "We cannot take for granted the baseline we had last year, will always be the case going forward," External link

news24 Friday, June 12, 2020 3:13:00 PM EAT

Tito Mboweni observed : "He occupies one of the most important positions on the African continent. Executive mayor of Ekurhuleni (the city of peace). This is the largest industrial zone on the whole of Africa. I respect his views, misguided as they might be. Energetic, active and honest," External link

allafrica Wednesday, June 3, 2020 3:42:00 AM EAT

Tito Mboweni déclaré : «Le FMI a indiqué lui-même que l'Afrique du Sud est en droit de demander cette somme en réponse à cette crise» External link

lessentiel-lu-fr Wednesday, April 29, 2020 12:52:00 AM EAT

Tito Mboweni déclaré : «Le FMI a indiqué lui-même que l'Afrique du Sud est en droit de demander cette somme en réponse à cette crise» External link

lessentiel-lu-fr Tuesday, April 28, 2020 6:01:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
governor35.76%EN08/11/201711/08/2017
reserve bank governor24.85%EN08/11/201711/08/2017
Governor13.03%EN08/10/201710/08/2017
south african reserve bank governor3.94%EN08/10/201710/08/2017
african reserve bank governor3.03%EN08/10/201710/08/2017
former south african reserve bank governor1.82%EN08/10/201710/08/2017
former reserve bank governor6.36%EN06/20/201720/06/2017
member1.52%EN04/03/201703/04/2017
south africa reserve bank governor1.82%EN03/09/201709/03/2017
africa reserve bank governor1.52%EN03/09/201709/03/2017
gouverneur1.52%FR01/29/201729/01/2017
then reserve bank governor0.30%EN01/13/201713/01/2017
director0.61%EN09/09/201609/09/2016
brics bank director0.30%EN09/09/201609/09/2016
south africa former reserve bank governor0.30%EN09/02/201602/09/2016
africa former reserve bank governor0.30%EN09/02/201602/09/2016
minister trevor manuel and reserve bank governor0.91%EN06/30/201630/06/2016
committee member2.12%EN01/20/201420/01/2014
Names Lang Count
Tito MboweniEN67.85%
Tito MboweniEU28.32%
Tito MboweniFR3.24%
Tito MboweniAF0.29%
Tito MboweniPT0.29%


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Wednesday, August 12, 2020

1:08:00 PM EAT


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Quotes... Extracted quotes about

Gideon Gono said ( about Tito Mboweni ) : "As for adopting the rand, it will not happen. We held those discussions way back in 2005/2006 with current SA Minister of Finance (Tito Mboweni) when he was the SARB (South African Reserve Bank) governor," "There are certain fundamental preconditions that ought to be fulfilled on both sides of the Limpopo River before such an eventuality takes place. Those preconditions were laid out to us very unambiguously and as things stand, we are quite a distance away from the nearest corner that would allow our whispers and loudest voices to be heard" External link

onlinenigeria Friday, August 7, 2020 1:24:00 PM EAT

Gideon Gono said ( about Tito Mboweni ) : "As for adopting the rand, it will not happen. We held those discussions way back in 2005/2006 with current SA Minister of Finance (Tito Mboweni) when he was the SARB (South African Reserve Bank) governor," "There are certain fundamental preconditions that ought to be fulfilled on both sides of the Limpopo River before such an eventuality takes place. Those preconditions were laid out to us very unambiguously and as things stand, we are quite a distance away from the nearest corner that would allow our whispers and loudest voices to be heard" External link

bulawayo24 Friday, August 7, 2020 11:10:00 AM EAT

David Maynier said ( about Tito Mboweni ) : “When Minister of Finance Tito Mboweni tabled his Special Adjustments Budget, the provincial budget was effectively cut by R113.1million” External link

iol Sunday, July 26, 2020 6:20:00 PM EAT

Roger Baxter concluded ( about Tito Mboweni ) : “We commend Minister Mboweni for taking some of the tough first steps in this journey to allow South Africa to take the fork to the high road,” External link

miningnews Thursday, June 25, 2020 11:59:00 AM EAT

Dennis Bloem said ( about Tito Mboweni ) : “What Minister Mboweni is saying that we must start with a zero-based Budget, we fully support that,” External link

iol Wednesday, June 24, 2020 12:12:00 PM EAT