The sun rose on Wednesday on much easier circumstances than expected for everyone in SA — except for the man of the moment, Finance Minister Malusi Gigaba. On the morning of his first budget speech, the High Court in Pretoria ruled that the minister had lied under oath in a legal matter relating to Denel and systems company Fireblade. Despite this, Gigaba appeared both comfortable and confident during a briefing ahead of his budget speech in the National Assembly on Wednesday. It was in stark contrast to the nervous affair that was his medium-term budget policy statement (MTBPS) in October. Gigaba said SA had enjoyed many “positive developments” since then, which the economy and the fiscus could directly benefit from. There had been speculation that the EFF would disrupt Gigaba’s appearance before the House as they had made it clear they wanted President Cyril Ramaphosa to fire Gigaba, dubbing him “the architect of state capture”. Gigaba said he was unfazed by the EFF’s remarks, and...

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