12.03.20 Pt 2 - The NICD is doing great work, let’s not wrap them up in the ANC mess of incompetence. What do governments spend their funds on in general? If you are having any trouble from a report on CNN, take the Donald Trump approach. Measures of austerity at state level sound good because saving your money is good isn’t it… or is it? Oh yes, wash your hands, you dirty pig!
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Tito takes a hard line at long last. The much-anticipated Budget Speech felt like Tito Mboweni has at last acted as an economist would by cutting state salaries, which although fiscally responsible, will come with a sting in the tail politically. The thorn in the side though is the R16b which has been extended to SAA as an injection - surely this is just “good money after bad?” Maybe it’s time to let SAA and Dudu Myeni both fall from their lofty heights and become creatures of the past. Apple has projected a $4b loss in profit because of coronavirus and their inability to obtain stock from China. And has the ANC failed the children of this country? Brought to you by Nando’s.
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The Public Protector needs protection
The Covid-19 epidemic is now in South Africa and has spread beyond the “Italy 10”. What does this mean for the health structures that already exist in SA, are we prepared to contain it? OPEC and their indecisive nature means Russia and Saudi Arabia are now the kings of the oil world - if only for a while. The tension between the two nations means oil is cheaper, but will this affect your petrol price? What wage should we pay our MPs in South Africa? The Public Protector can’t protect herself right now, the triad she is a part of might be a house of cards. Brought to you by Nando’s.
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