MBOWENI UNPLUGGED: WHAT YOU DIDN’T HEAR IN THE BUDGET 2019 SPEECH

CAPE TOWN – South Africa’s shoot-from-hip Finance Minister Tito Mboweni has delivered his maiden Budget address, complete with tough talk, biblical inspiration and a horticultural prop.

But it was a less curated version of the Budget that Mboweni explained at the traditional pre-Budget briefing to journalists in Treasury lock-up. He spoke frankly about the need for SOEs to fend for themselves, the difficult conversations that need to be had about the Public Sector Wage Bill, and his current state of personal financial unhappiness. He even had a little shade for his boss President Cyril Ramaphosa.