Minister of Finance, Tito Mboweni (Photo by Gallo Images/Ziyaad Douglas) Gallo Images/Ziyaad Douglas National Treasury's loan guarantee scheme sought to assist businesses as lockdown conditions ease. The statement said by the first week of August, banks had provided voluntary relief on loans with a book value at risk of R537 billion. The statement said since…
Finance Minister Tito Mboweni (Gallo) Times Live / Esa Alexander/Gallo National Treasury said the Covid-19 loan guarantee scheme would be reviewed to be more accessible. The interest and capital repayment holiday were also extended. Turnover cap was replaced with a maximum loan amount of R100 million. Clients are now able to access the loan over…
Finance Minister Tito Mboweni says he has not authorised emergency funding for SAA from the NRF. (Photo: Gallo Images/Ziyaad Douglas) Gallo Images/Ziyaad Douglas Minister of Finance Tito Mboweni says he has not authorised the use of funds from the National Revenue Fund for emergency funding for the embattled flag carrier.He does not, however, exclude the…
Finance minister Tito Mboweni (Parliament of SA) Finance Minister Tito Mboweni says allegations by the DA that Treasury plans to fund SAA's business rescue process should be backed by evidence.Mboweni tweeted that the DA's urgent application for an interdict against Treasury using an emergency funding mechanism for SAA might be considered "trivial" by the courts.The…
A South African Airways aircraft on the apron of Frankfurt Airport in 2018. Silas Stein/picture alliance via Getty Images In a letter sent to the business rescue practitioners of South African Airways late on Wednesday evening, Minister of Public Enterprises Pravin Gordhan and Finance Minister Tito Mboweni have committed to obtain funding for the state-owned…
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Philip Friedman 3 min read MEN'S HEALTH IS 38 this year, and like any self-respecting guy in their mid-thirties, we're taking a beat to look back on some of the highlights over the three and a half decades we've been around, from the guys who've best exemplified strength over the years to some of our
11 min read AS A BRIGHT light flashes against a mustard yellow backdrop, 33-year-old actor Chase Stokes plays with the edges of a chunky sweater. First, he pulls on a sleeve, like he’s simply at home getting dressed, not on the last day of a long-ass press tour for the fifth and final season of
