Mboweni’s uncompromising budget deserves more credit

The 2021 budget marks a shift from the tax-and-spend stance of the past decade to a cut-and-save era

Many underestimated finance minister Tito Mboweni’s resolve going into the 2021 budget. While most expected him to stick broadly to his fiscal consolidation plan, no-one thought he would cut company taxes while reining in the welfare bill — and this in an election year...

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