#MTBPS2018 What should we expect from Mboweni's mid term budget speech?
After just two weeks as finance minister, Tito Mboweni faces his first major hurdle delivering the mid term budget speech on Wednesday.
Already faced with the challenge of having very little money to spare, now it is up to him to find ways to shift the cash around.
Most importantly he needs to reassure investors, rating companies and taxpayers that he has the budget deficit under control.
Head of Research at ETM Analytics, George Glynos, says the medium-term budget is more of a 'report back' session and a transparency communication tool than it is necessarily a policy implementation tool.
So one needs to keep a healthy and realistic perspective as to what this is all about today, that being said, he is quite a charismatic fellow and I will be looking for a couple of things out of this.George Glynos, Head of Research at ETM Analytics
I want to know that he is treating this job, not as a popularity contest, he needs to use his charisma to convince those in government for the need to balance the fiscus.George Glynos, Head of Research at ETM Analytics
He adds that he would like the budget to show a need to prioritise the need to live within the country's means.
Listen below to the full interview:
This article first appeared on 702 : #MTBPS2018 What should we expect from Mboweni's mid term budget speech?
DA leader Mmusi Maimane has thrown in the towel. He announced his resignation at a media briefing on Wednesday afternoon.Read More
Mmusi Maimane resigned as the leader of the Democratic Alliance (DA) on Wednesday.Read More
Maimane’s resignation comes two days after Herman Mashaba announced his resignation from the party and subsequently as Johannesburg mayor.Read More
“He might have calculated there’s no way out,” says Dr Somadoda Fikeni, a political analyst at Unisa.Read More
Bonteheuwel Ward Councillor Angus McKenzie is fighting to have the Cape Flats area perceived as a suburb that drives investment.Read More
It's reported that some senior members of the Democratic Alliance want Mashaba's membership terminated with immediate effect.Read More
The Department of Public Enterprises wants more power to oversee SOEs. Bruce Whitfield interviews Investec’s Nazmeera Moola.Read More
Chairperson Mkhuleko Hlengwa says it is unacceptable for officials not to attend this engagement.Read More
Xolani Xala (SA Business Abroad) defends his defence of ANC stalwart Baleka Mbete’s "car crash" interview on Al Jazeera.Read More
It was a lighter moment after protests began last week against proposed new taxes and in favour of land reforms.Read More