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budget surpluslatest news & developments
What’s cooking? Tito Mboweni has announced a sovereign wealth fund, but analysts have cast doubt on its viability. (David Harrison)
BUDGET SPEECH

State can’t yet afford wealth fund

Despite the government’s announcement of a R30-billion sovereign wealth fund, analysts are questioning its utility in a time of increasing debt

  • Tshegofatso Mathe
4 min read