For the first time in South Africa's democracy, the Minister of Finance will deliver the Medium-Term Budget Policy Statement in Parliament today while facing fraud charges.
Political analyst Nic Borain says Finance Minister Pravin Gordhan will deliver the most difficult Medium-Term Budget Policy since apartheid due to free education demands, a potential downgrade and factions within the ANC.
Historically we have had a minister giving anti-populist budgets but they have survived because the President has backed them.— Nic Borain, political analyst
He will probably produce a budget that looks good but the political backdrop will be deeply unpersuasive.— Nic Borain, political analyst
Listen to Borain previews Gordhan Medium Term Budget Policy Statement...
The Minister will start his address at 2pm in Parliament.