PETER BRUCE: An insane cabinet, deaf, dumb and blind to Treasury’s warnings
Without drastic trade-offs now the finance minister will have to produce a truly foul pre-election budget in February
21 September 2023 - 05:00
As the National Treasury begins to tell the story of our fierce fiscal emergency, the ANC is trying hard not to hear. The governing party hierarchy called in finance minister Enoch Godongwana and his team to explain to them why he has been warning suddenly of an “unprecedented” financial crisis, cutting projects, stopping hiring, stopping parties. I mean, WTF?
The ANC’s allies, union umbrella Cosatu and the SACP, attended. ANC secretary-general Fikile Mbalula was there, along with deputy president Paul Mashatile and ANC chair Gwede Mantashe...
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