WATCH | Five hot topics from Tito Mboweni's mini-budget speech

Finance minister Tito Mboweni delivered the nation's mid-term budget speech on Wednesday. He described the state of the economy as flat.

Finance minister Tito Mboweni.
Finance minister Tito Mboweni. (File)

Finance minister Tito Mboweni delivered the nation's mid-term budget speech on Wednesday. He described the state of the economy as flat. 

In February, economic growth for 2019 was predicted to be 1.5%. But now it's expected to be just 0.5% for the year. 

Mboweni said expected revenue stood at R1.73-trillion - R53bn less than expected.

He also touched on reducing government expenditure and providing bailouts for state-owned companies, while urging South Africans to pay their taxes.


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