Finance Minister Tito Mboweni has presented his emergency budget on Wednesday and has laid bare the country’s tough fiscal position.
Debt levels are set to rise and borrowing from financial institutions will become the order of the day.
BLSA CEO, Busi Mavuso spoke to Business Day TV and was also joined by the Chief Economist at Stanlib, Kevin Lings for their take what’s been presented.
Click below for the full interview: