Medium term budget thread

[antowan]

Prepare for next round of 3 year targeted austerity measures that never get implemented.

LOL!!!! I am not worried. Moody's will never downgrade SA. They love the ANC.

 

[Mista_Mobsta]

They want to prevent money from leaving the country, for their own corrupt reasons

Watch this space

Exchange controls + Prescribed assets = erosion of savings and buying power

 

[IT_Steven]

Tito (in regards to tax) : "...render onto Ceasar what belongs to Ceasar. or else Ceasar has a tendency of breaking your bones"

 

[MachoPants]

Once again nothing will be done to sort out Eskom, but they will continue to pay Eskoms huge salary Bill's, thanks to some of the SA tax payers left.

 

[Jopie Fourie]

Those who have not moved their money abroad as yet are now properly f***ed!

 

[Jopie Fourie]

Once again nothing will be done to sort out Eskom, but they will continue to pay Eskoms huge salary Bill's, thanks to some of the SA tax payers left.

They have no other option. They guaranteed the debt and we have to repay it. That is the long and the short. Not getting past this in any way.

 

[Mista_Mobsta]

Those who have not moved their money abroad as yet are now properly f***ed!

Not yet - nothing has been changed re legislation yet so get going!

 

[Kosmik]

blah blah blah, E-toll users must pay but nothing about Eskom and Soweto, seems like same old stories.

 

[surface]

They want to prevent money from leaving the country, for their own corrupt reasons

but how will ANC get their corrupt money out of country then?

 

[Jopie Fourie]

a trade regime which promotes open and beneficial trade, particularly with the rest of the African continent

Yeah tito, there you go. Go get your money from all these great economically strong countries.... because from the West you will soon be getting nothing. Also seems like the East will or already have dropped you too.

 

[antowan]

Tito is not up to the task. Too much theatrics. No direction. Just stats.

All Warra Warra and no real idea what to do.

 

[Mista_Mobsta]

Mboweni has lost all of my previously held respect. Treating this whole MTBS as a joke - taking cracks at other political parties whilst smirking and laughing all the way to a downgraded economy.

Proof in a nutshell - the ANC will never put the country first.

Cadres
ANC
Bank Account
.
.
.
South Africa

 

[Lupus]

The more he speaks the worse the currency gets, can't they just shut him up?

 

[Blue Shirt]

Hey Tito, here is suggestion to eliminate the budget shortfall and rising debt other than increasing taxes and borrowings:

REDUCE YOUR ****ING EXPENDITURE !!!!!!!

That is all, thanks.

/exits the MTBF discussion

 

[Lupus]

Hey Tito, here is suggestion to eliminate the budget shortfall and rising debt other than increasing taxes and borrowings:

REDUCE YOUR ****ING EXPENDITURE !!!!!!!

That is all, thanks.

/exits the MTBF discussion

It's like they think raising taxes is the be all and end all. Like people just have money coming out of every orifice for them to take. Instead of looking internally and realising they are the problem.

 

[surface]

Yay - we are 3 trillion rand economy now?

"This year, the national debt exceeded R3 trillion. "

 

[antowan]

15 minutes in and all he said was kak about plants, farming and some bible verses.

Theatrics. No substance. This is NOT the time for jokes and metaphors. Get down to fixing the economy dammit.

 

[antowan]

He is done.

He said nothing of value.

 

[Lupus]

Yay - we are 3 trillion rand economy now?

"This year, the national debt exceeded R3 trillion. "

Which is oddly enough what is spent on grants, education and healthcare. Now if only there was a way to stop spending that.

 

[SaiyanZ]

LOL!!!! I am not worried. Moody's will never downgrade SA. They love the ANC.

The day Moody's downgrades us, we will know for sure we are well and truly fcked.