#MTBPS2018: An in-depth look at South Africa's economic model

Senior lecturer at the School of Economic and Business Science at Wits University Lumkile Mondi says the ANC has marginalised capable blacks that are not comrades.

He further says that cadres that are incompetent get rewarded.

Sizwe Mpofu-Walsh spoke to senior lecturer at the School of Economic and Business Science at Wits University Lumkile Mondi and CitiBank Economist Gina Schoeman about some of the challenges facing Minister of Finance Tito Mboweni.

The biggest challenge is that South Africa is a microeconomic model.

Lumkile Mondi, Senior Lecturer at the School of Economic and Business Science at Wits University

If you look at African models post their independence they have all collapsed.

Lumkile Mondi, Senior Lecturer at the School of Economic and Business Science at Wits University

READ: MTBPS2018 What should we expect from Mboweni's mid term budget speech?

We depend so much on financial markets.

Gina Schoeman, CitiBank Economist

ALSO READ: MTBPS2018: 'Mboweni's mid-term budget'-drastic changes unlikely say economists

Finance Minister Tito Mboweni will deliver the Medium-Term Budget Policy Statement on Wednesday.

Listen to the full analysis here:


This article first appeared on 702 : #MTBPS2018: An in-depth look at South Africa's economic model


Recommended

by NEWSROOM AI
Read More
#MTBPS2018 What should we expect from Mboweni's mid term budget speech?

#MTBPS2018 What should we expect from Mboweni's mid term budget speech?

Experts say it is unlikely Mboweni will introduce any major policy changes.

Punch-drunk taxpayer? What Minister Tito Mboweni has up his sleeve for us all

Punch-drunk taxpayer? What Minister Tito Mboweni has up his sleeve for us all

Punch-drunk taxpayer? Bonang Mohale (BLSA) and Russel Lamberti (ETM Macro Advisors) on what Tito Mboweni has up his sleeve.

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

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

Bruce Whitfield asks Kevin Lings (Chief Economist at Stanlib Asset Management) for a preview of next week’s "mini-budget".

How Tito Mboweni will impact your retirement fund, tax-free savings account, etc

How Tito Mboweni will impact your retirement fund, tax-free savings account, etc

The Money Show’s Bruce Whitfield interviews Victoria Reuvers, Senior Portfolio Manager at Morningstar Investment Management SA.

'ANC Government will continue milking the cow until there’s no milk at all'

'ANC Government will continue milking the cow until there’s no milk at all'

Deputy Finance Minister Sfiso Buthelezi, ex-Deputy DG Andrew Donaldson and Lumkile Mondi (Wits) analyse the MTBPS.

Popular articles
Former Morning Live co-anchor Tracy Going opens up, gets vulnerable about money

Former Morning Live co-anchor Tracy Going opens up, gets vulnerable about money

Former Morning Live co-anchor Tracy Going opens up about her attitude to money (hopes and fears, successes and failures, etc.).

'Two officers jumped out of the car and started assaulting me'

'Two officers jumped out of the car and started assaulting me'

Graham Westcott tells Kieno Kammies about how the police allegedly attacked him in Sea Point, Cape Town.

[WATCH] Twin toddlers climbing a fridge has Twitter in stitches!

[WATCH] Twin toddlers climbing a fridge has Twitter in stitches!

Khabazela shares tweets and Facebook posts that have gone viral.

'If you want to clear your name, why would you postpone your swearing-in?'

'If you want to clear your name, why would you postpone your swearing-in?'

Former ANC MP Melanie Verwoerd says she is not convinced by David Mabuza's reason to temporarily step aside as an MP.

Boeing 737 MAX: 'Sensor broke off, computer misread data and fought the pilots'

Boeing 737 MAX: 'Sensor broke off, computer misread data and fought the pilots'

Guy Leitch, the managing editor of SA Flyer Magazine, provides insights into what caused the airplane crash.

'Thuli Madonsela’s name has been mentioned for Deputy President'

'Thuli Madonsela’s name has been mentioned for Deputy President'

Lumkile Mondi (Wits), Ferial Haffajee and Busisiwe Mavuso (Business Leadership SA) on the President's upcoming "slim" Cabinet.

Four men die after inhaling hazardous fumes in Cape Town factory

Four men die after inhaling hazardous fumes in Cape Town factory

Police are investigating the deaths which took place at Atlantic Recycling factory in Parow on Tuesday afternoon.