Let us do something unusual which will annoy the establishment – Tito Mboweni

(The Money Show is brought to you by Nedbank. See Money Differently.)

Tito Mboweni at the World Economic Forum on Africa.

Finance Minister Tito Mboweni lit up Twitter on Friday when he asked for advice on his Medium-Term Budget Policy Statement (MTBPS) this coming Wednesday.

Former Public Protector Thuli Madonsela asked for a VAT exemption for chicken to alleviate the burden on poor South Africans.

Outa's Wayne Duvenhage called for zero increases in taxes and levies.

The Money Show’s Bruce Whitfield asked Kevin Lings (Chief Economist at Stanlib Asset Management) for a preview of next week’s MTBPS.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

How is he going to reprioritise Government expenditure…? Hopefully taking money from underperforming projects… There’s not a lot he can do…

Kevin Lings, Stanlib Asset Management

I am expecting a very confident approach… and much more clarity…

Kevin Lings, Stanlib Asset Management

Tax revenue has held up surprisingly well... Moody’s seems comfortable…

Kevin Lings, Stanlib Asset Management

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This article first appeared on 702 : Let us do something unusual which will annoy the establishment – Tito Mboweni


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