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'Tito will be delivering another unnecessary budget speech' - OPINION

MangenaC
By MangenaC | self meida writer
Published 3 days ago - 0 views

Tito will be delivering another us less budget speech before the nation. If the government that cannot husband the state financial resources expects to do some miracles, and turn around the economy is dreaming dreams. Even if he raises taxes, that won't help a country that is grossly mismanaged by his own so,called combatants


He is contending with so many factors that can only be reversed by a sound-minded political adminstration. We already have a flourishing shadow economy, such as illegal cigarettes promoted by his friends in government. We have seen massive job losses including the closure, of some businesses and more jobs are to be shed as tourism and other sectors are devastated by Covid, including economic mismanagement by the same government


What is the use of giving out money to many failed and failing SoEs that are NGOs( Nothing-Going-On)?. What is going to happen to all municipalities that are no longer delivering basic services, to the people when there are provinces that should provide oversight?. The Minister of COGTA is now competent in the regulations for lockdown, and so blaze about the local government


In closing here, Eskom is one big factor driving this economy into the final collapse. Good luck Tit, it is all about management nothing else


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