The 2020 budget is a heroic attempt to slam the brakes on SA’s runaway public finances, but it will stand or fall on whether the government has the political will to stare down the trade union movement.

The budget does all the right things. It tackles the public-sector wage bill head-on, reduces expenditure growth in real terms and lowers the expenditure-to-GDP ratio to bring it in line with SA’s reduced growth prospects...

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.