25.06.20 Pt 2 - Apparently, Covid has turned into a sport - and apparently the libertarians have a demigod who has led them to victory in ending lockdown. Government does an astonishing job of spending the sin tax it collects - it’s all gone within half a day, which is one of the reasons South Africa may just be bankrupt. And adding to the fiscal drama, Finance Minister Tito Mboweni is on a collision course with President Cyril Ramaphosa.
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Tito & the sin tax
25.06.20 Pt 2 - Apparently, Covid has turned into a sport - and apparently the libertarians have a demigod who has led them to victory in ending lockdown. Government does an astonishing job of spending the sin tax it collects - it’s all gone within half a day, which is one of the reasons South Africa may just be bankrupt. And adding to the fiscal drama, Finance Minister Tito Mboweni is on a collision course with President Cyril Ramaphosa.
Read more