Covid-19 Business Watch
WATCH: Budget Review — wrestling the hippo
Michael Avery talks to a panel about the 2021 budget
The government and ANC ideology are a perpetual constraint on business. Take mining for example, the flywheel of this economy. Electricity is the number one issue. The Mining Charter, transport and exploration are second-order issues. Instead of acting, we score more own goals.
Against this backdrop, this felt like a no-nonsense sort of budget. There were no grand analogies with hardy, drought-resistant aloes or harking back to Trevor Manuel’s plums. ..