Herculean fiscal task needs to start anew
Where are the new ethical leaders who can right the ship of state as Tito Mboweni, Trevor Manual and Thabo Mbeki did?
25 November 2020 - 15:16
The weekend ratings downgrades have brought into focus the reality that SA is at a crossroad. It did not have to come to this.
In his memoir, Choice Not Fate, former finance minister Trevor Manuel recounts how in the early 1990s he, Tito Mboweni and a handful of others met then finance minister Derek Keys to discuss the country’s finances. According to Manuel, Mboweni pointedly asked Keys how much the government owed. After a suspenseful pause Keys responded, firmly and honestly: “I don’t know.”..
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