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Khaya Sithole | The SAA bailout and the demise of Tito Mboweni's credibility

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Khaya Sithole (Supplied)
Khaya Sithole (Supplied)

As Mboweni rose to deliver his medium-term budget, the big question was whether economic and business logic would prevail over political dogma.

Resisting the temptation to put more money into the SAA hole would have meant that Mboweni is a man of his word. Yielding to pressures, would have meant that the National Treasury's role – to temper the expectations of the many competing ministries and promote economic logic in relation to public finances – would be severely dented.

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