Budget 2021: More pressure to get governance right

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Minister of Finance, Tito Mboweni delivered his Budget speech this week which was a tough balancing act as debt balloons and tax collection dwindles. Picture: Gallo images
Minister of Finance, Tito Mboweni delivered his Budget speech this week which was a tough balancing act as debt balloons and tax collection dwindles. Picture: Gallo images

BUSINESS

From the context of what the minister described as the “largest tax shortfall on record”, to those gloomy words, “we owe a lot of people a lot of money”, he did his best to dovetail Budget 2021 with the State of the Nation Address (Sona) by President Cyril Ramaphosa a week ago.

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