Editorials
2 minute read
25 Feb 2021
4:55 am

Mboweni needs to make his ‘sweet and sour’ plan work

Editorials

Plans are one thing; implementing is something else altogether – and the ANC record on implementation is woeful.

Finance Minister Tito Mboweni has come under fire from the DA over his admission that part of the IMF loan could be used to pay salaries. Picture: Emmanuel Croset

It was a surprisingly agreeable Budget from Finance Minister Tito Mboweni on Wednesday – at least if you don’t booze or puff too much or were hoping the government would do away with e-tolls. Given that the country is still in the midst of a grave economic crisis – where the Covid-19 pandemic compounded the already dire effects of government corruption and mismanagement – Mboweni’s “sweet and sour” plan for the immediate and medium term financial future of South Africa needs to be applauded. He made no apologies for continuing on a prudent, conservative fiscal course – which means a...