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The tension at the heart of the ANC’s lekgotla this past weekend — between the desperate need to extend social assistance to those hit hardest by the Covid pandemic and the lack of government funds to do so — goes to the heart of SA’s fiscal challenge and its failure to grow.

Enoch Godongwana, the head of the ANC’s economic transformation subcommittee, provided a succinct summation of SA’s "bleak" fiscal position: government expenditure is too high for the revenue that the economy can generate...

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