South Africa: Tito Mboweni's Balancing Act On a Very Slack Budget Tightrope

[Daily Maverick] Finance Minister Tito Mboweni delivers his budget on 26 February 2020 at a time when South Africa is in a state of fiscal purgatory. A glimmer of hope is that he may yet surprise us by taking the axe to state-owned enterprises and curbing the public service wage bill.