In a fortnight, finance minister Tito Mboweni will table the 2020 national budget. If he fails to present a credible fiscal strategy to raise SA’s growth rate and halt the rapid rise in debt, SA will continue its downward slide into full-blown junk status.

To prevent ratings agency Moody’s Investors Service from junking SA’s last-remaining credit rating, which would kick the last shreds of confidence in SA to the curb, Mboweni must present a better picture than the horror show that was the October medium-term budget policy statement...

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