Yesterday, newly appointed Finance Minister Tito Mboweni delivered his maiden mid-term budget speech which had biblical and Charles Dickens references. The former Reserve Bank governor announced that sanitary pads, cake flour and bread flour would be zero
@Reabetsoe_
Those who run the markets enjoy manipulating the poor. The ZAR was getting stronger prior to the #MTBPS, immediately they realize the speech looks n sound pro poor, the Rand starts to tumble again.
@thadishe
Our minister of finance Tito Mboweni has announced Zero rating on sanitary pads – our sisters will have their dignity.
@chestermissing
White bread and cake flour now have zero VAT. White flour privilege.
@ShineLiteracy
Most of this money in the education budget will go towards school infrastructure. Pit latrines to be eradicated at all schools, safe and appropriate sanitation at all schools. #MTBPS2018 we hope this is expedited so that children can focus on learning in schools.
@DanielSilke
Mboweni’s #MTBPS2018 delivers in sentiment, but remains constrained by the political realities of a looming election, ANC divisions, ideological confusion & governance/institutional decay. Still, hints of policy shifts will depend on internal ANC politics in 2019.
@Letlole99
Moody’s won’t be happy, a credit downgrade won’t be a surprise. Our debt is too high
@henning_lubbe
SA Minister @tito_mboweni saying that the perpetrators of the #VBSBankHeist must be locked up after a fair trial. Did you hear that, @FloydShivambu?
@VusiThembekwayo
When a new leader makes a “maiden speech” you expect to hear NEW ideas, BOLD thinking & CLEAR direction. The truth is any other finance minister of the past few years could have delivered that same speech & we wouldn’t know the difference. We need new ideas
@ChristyvanderM
Can someone also please tell @tito_ mboweni about menstrual cups? Saves so much money and better for the environment!
@agentcurieuse
#MTBPS2018 The word “bleak” would probably be an understatement where South Africa’s economy is currently at after nearly a decade of incompetence, corruption and looting at unprecedented levels.
@Igwe_TheElder
The rand is holding tight, Tito is on the money clearly. But best way to judge will be when NASDAQ reacts to the #MTBPS2018.