Well, maybe JZ will shuffle him to spare him the trauma.
Well, with the way uBaba likes to shuffle we might have a new Finance Minister by next week. But in the event that previously shuffled Malusi Gigaba is still in charge, there are a few things you should be looking out for next week.
Economists from Deloitte published their predictions for the mini-budget and there’s not much good news.
Economists estimate that revenue collections will fall short of budgets which will be bad news. With an estimated shortfall of R50 billion or more, things could go downhill pretty quickly.
Gigaba has been under fire pretty much since he was shuffled into the position. The economy is stagnating, unemployment is at crisis levels, especially amongst the youth and investors are increasingly cautious.
It’s not gonna be easy for Gigba to encourage a positive sentiment.
Good luck, Mr. Fancy Suits.