Fasten your seatbelts!

Friday, February 07, 2020

The Budget Speech unveiled on Monday may just be amongst the most impactful in the past few decades in terms of the sheer magnitude of policy changes it presented.

In between his smiles and the near constant interruption of the House, new Finance Minister, Thapelo Matsheka unveiled what are essentially government attempts to effect a structural shift in the economy and trigger momentum in a new direction.

What President Mokgweetsi Masisi and his technocrats call “the transformation agenda” is in essence an attempt to rewire the economy, lift it out of its middle income malaise and power towards a sustainable, higher wealth future.

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Fasten your seatbelts!

The Budget Speech unveiled on Monday may just be amongst the most impactful in the past few decades in terms of the sheer magnitude of policy changes it presented.