Tito Mboweni cannot afford to be ambivalent
The oligopolistic structure of the major sectors of SA industry that provide barriers to entry will have to be broken
26 February 2020 - 05:05
What are the options open to finance minister Tito Mboweni, when he delivers the budget speech on Wednesday?
The minister will have to reintroduce the expenditure ceiling and peg the budget deficit at 6% over the medium term and maintain the total debt at no more than 70% of GDP. Any deviation, however marginal, will be seen by the gallery as credit negative...
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