Tag: public spending

“While spending on government consumption has been held down over the last ten years, demand for public services has increased substantially. Meanwhile, as public employment in health, education and criminal justice has stagnated, employment by private companies providing the same services has surged.

The investment world looks very different today compared to what it’s looked like in the recent past and requires investors to challenge pre-conceived notions. In this article, I highlight three ways in which the investment world has changed over time and how investors can best prepare and adapt to the shifts being seen.

Finance Minister Tito Mboweni’s maiden Budget speech is a structural reform budget, which aims to reduce the immediate fiscal and economic risks posed by Eskom’s and other State Owned Enterprises’ (SOEs) unsustainable balance sheets and operational models.

Tito Mboweni, South Africa's newly appointed Finance Minister, delivered his maiden Medium Term Budget Policy Statement (MTBPS) to Parliament by starting his address with the words, "South Africa finds itself at a crossroads."