JUSTICE MALALA: Numbers in successive budgets reveal the depth of South Africa’s decline
A comparison with the speech of 2018 paints a frightening picture of the ANC’s failure
21 February 2024 - 06:00
When Malusi Gigaba stood before parliament as finance minister on February 21 2018 to deliver the budget speech, he said: “We have the opportunity to achieve faster and more inclusive growth, to create jobs for our people and a better life for all South Africans.”
He gave a list of positives to help achieve this “better life”: a favourable global economic outlook, improved prices for our exports, a stronger rand, a favourable inflation outlook, business-government partnerships to prevent further ratings downgrades, improving business and consumer confidence...
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