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

30 October 2019 - 17:15 By EMILE BOSCH

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.

LISTEN | 2019 Medium-term budget policy statement highlights