medium-term Budget policy

Gigaba lashes SOEs, but another SAA soft landing

State-owned entities present a major fiscal risk to the economy, but two of them – SAA and the SA Post Office – will receive R8.5-billion in government funding, putting South Africa’s carefully maintained expenditure ceiling at risk of a R3.9-billion breach. Finance Minister Malusi Gigaba announced in his medium-term Budget[…]

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