Fiscal Crisis
latest news & developments
South African taxpayers can’t afford R1.1 bn for political parties
There is not enough transparency and the funds would be better spent on health and education
Western Cape education says no teacher retrenchments despite loss of 2,400 jobs due to budget cuts
The department’s R2.5 billion budget cut, impacting administration, curriculum, and infrastructure, leaves it with a R3.8 billion shortfall over the next three years
Wealth taxes and loosening monetary policy is playing with fire
A response to the article ‘Tax the superrich and raise inflation to cut state debt, inequality and poverty’ in the M&G on 10 November