Many underestimated finance minister Tito Mboweni’s resolve going into the 2021 budget. While most expected him to stick broadly to his fiscal consolidation plan, nobody thought he would cut company taxes while reining in the welfare bill — and this in an election year.

Though Mboweni has deeply offended the Left with his unapologetic stance on the welfare cuts, he emerged stronger late last week thanks to a rare public endorsement from President Cyril Ramaphosa...

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.