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It’s a high-stake budget as SA battles debt, weak growth

The fiscal story may look reasonable but it is inevitable that some support will be given to SOEs.

Finance minister Tito Mboweni will his deliver the 2019 budget speech in Cape Town this afternoon. Elna Moolman, senior economist at Standard Bank, talks to the Classic Business Breakfast with Moneyweb about what the minister needs to address as a matter of urgency in this budget. She says there’s a lot of issues that need to addressed such as state-owned enterprises, specifically Eskom and how government plans to support the power utility. 

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