Mboweni should protect incentives for manufacturing
Overall budget for industrial inducements has been shrinking year by year
18 February 2020 - 15:59
The focus of this month’s budget will inevitably be on the country’s economic woes — poor growth, high unemployment, not enough taxes being collected. But instead of focusing on the problems, why not consider the solutions?
It seems likely that the bailouts of state-owned enterprises (SOEs) will continue, but who seriously believes this will do much to boost GDP, make a dent in the unemployment numbers or fire up exports?..
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