In an attempt to deal with the rising budget deficit, finance minister Tito Mboweni has promised to slash the public sector wage bill.

But will this be enough for the country to escape a downgrade to subinvestment grade from Moody’s? ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.