COVID-19 and the SA economy in 2020: ‘We need to close the hippo’s mouth’ Finance Minister Tito Mboweni this year noted the biggest contraction in the economy in nearly 90 years and the need to close the gap between government’s income and its spending – the hippo’s wide-open mouth. Finance Minister Tito Mboweni. Picture: @TreasurySA/Twitter
84 days ago
CAPE TOWN - All the stresses and strains on the economy played through Parliament this past year. The arrival of the coronavirus on our shores made things only that much worse.
Lawmakers had to rush to approve Finance Minister Tito Mboweni’s February budget, which had no sooner been tabled when Treasury had to craft a new emergency Budget to deal with the crisis unleashed by COVID-19.
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