economic storm

Finance Minister Malusi Gigaba is arguably facing the biggest challenge of his political career today when he delivers his first Medium-term Budget Policy Statement (MTBPS) in Parliament at 15:00. The minister is in an unenviable position. South Africa finds itself in a perfect storm with GDP growth that risks touching on zero, a revenue shortfall that could come close to the R50bn mark, over-indebted state-owned enterprises (SOEs) plagued by scandals […]