In short, there’s very little tangible good news [in the MTBPS]. That is to be expected. The economy and public finances have been in a poor state for some time. Read more
Reading between the lines of the medium term budget, there is evidently no political will at the highest levels – the president and his cabinet – to do the right thing. Read more
Government budgets across the world are often delivered with some fanfare. South Africa is no exception. In February every year South Africa’s minister of finance presents his Budget Speech to Parliament amid national excitement. As the biggest event in Parliament besides the State of the Nation Address by the president, the budget speech sparks robust […] Read more