WATCH: Debt, and what it means for SA
During finance minister Tito Mboweni’s media conference on Wednesday before he presented his budget, he said that everyone was the master of their own destiny.
Business Day TV’s Giulietta Talevi asked deputy finance minister Mondli Gungubele if this were really the case when SA is at the mercy of ratings agencies and its debt levels, by 2023/2024, will be at about 60% of GDP.
Deputy finance minister Mondli Gungubele talks to Business Day TV about the budget and SA’s sky-high debt levels
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