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Finance minister Enoch Godongwana performed what some economists have described as “a delicate balancing act” in his budget speech that sought to provide hope for the country ahead of elections. ....
The National Treasury plans to draw down from the Gold and Foreign Exchange Contingency Reserve Account for the first time to reduce debt and associated servicing costs over the next three years. ....
Borrowing money to give to the unemployed because you haven’t grown the economy enough to create jobs, is a sure way to end up begging for a bailout ....
Borrowing money to give to the unemployed because you haven’t grown the economy enough to create jobs, is a sure way to end up begging for a bailout ....