The ANC expects finance minister Tito Mboweni to table a shoestring medium-term budget that will be directed towards major infrastructure investments in a bid to boost an economy battered by Covid-19.

ANC treasurer-general Paul Mashatile said this week that state coffers had been hit hard by the lockdown, which saw most industries shut, and that the ANC national executive committee (NEC) lekgotla had backed Mboweni’s belt-tightening approach as he prepares for the mini budget.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now