TONY LEON: Mboweni and Ramaphosa, it’s time for action
Failure to attract sufficient investment to spearhead economic growth is at the core of SA’s problems
This week’s medium-term budget policy statement (MTBPS) is the grimmest and most difficult in a generation. There’s the revenue shortfall, anticipated at about R50bn.
The convenient — though perfectly valid — explanation for this huge undershoot is the internal sabotage at the SA Revenue Service by Tom Moyane and his merry men and women.