Maverick Tito Mboweni freewheels on his 2019 Budget - the full presser

Loading player...
What a difference a year makes. South Africa's recently appointed minister of finance Tito Mboweni was in great form this morning addressing a packed press conference where he fielded questions around taxpayers' R23bn a year capital injection into Eskom (Tito doesn't like it being called a "bailout"); what would happen if Moody's were to downgrade SA; the need for some South Africans to shed their Soviet Union mindset; why he'd prefer to put money into railways and taxis rather than SAA and the SABC; the troubles at the PIC; and a whole lot more. Have a listen - it's fun and serious, focused and rambling. But without doubt a masterclass in communications from the South African cabinet's most active user of Twitter (that gets a mention too). - Alec Hogg     Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Feb 2019 7AM English South Africa Investing · Business News

Other recent episodes

Kallie Kriel: AfriForum’s legal eagles to swoop on “Land Grab” Malema

In this interview with Chris Steyn, Kallie Kriel, the CEO of AfriForum, describes the legal battle being fought against the Expropriation Act in the Cape High Court this week. Detailing the implications of the act in current form, Kriel warns that after the Local Government Elections in November, municipalities under…
4 Aug 4AM 16 min

BN Daybreak: Record FSCA fines; New police bosses; US-China AI rivalries; Trump warns Iran

In today's episode, we cover South Africa's crowning as Africa's ransomware capital and the FSCA's record R2.8 billion in fines, including action against the Banxso deepfake scam. We also discuss the appointment of seasoned provincial police commissioners and new anti-corruption progress. Globally, we unpack President Trump's tariff lawsuits, OpenAI's security…
3 Aug 11PM 14 min

Dr Lennit Max: Non-racial, merit-based appointments of four new police commissioners

In his latest interview with Chris Steyn, former Western Cape Provincial Police Commissioner, Dr. Lennit Max hails the appointments of four new provincial commissioners. “This time around I am very pleased that the Acting National Commissioner in her wisdom decided that there's merit among people of colour.” He points out…
3 Aug 8AM 33 min