As finance minister Tito Mboweni burns the midnight oil to produce the most important medium-term budget of the past decade, there is only one criterion he should be applying: whether it will be bold enough to jolt SA out of its death spiral.

With business confidence at a 20-year low and growth dribbling away towards 0% on renewed load-shedding, the medium-term budget policy statement (MTBPS) is one of the last opportunities in 2019 for the government to change the negative narrative about SA.

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