That the National Treasury has lost its status and influence as the main decisionmaker in the government is understood, but now it also seems to have lost its moral compass and good sense. That it did not consider it possible to stump up R283m to pay the deposit for the Covax vaccine initiative in December is gobsmacking.

While we are a country that has made poor spending and financial management decisions, we are also a country with an almost R2-trillion budget. What are our taxes collected for if not the public good, with R20bn for a Covid vaccine top of the list?..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.