Your editorial comment refers . Down the years I have read countless “morning after” analyses of ANC finance ministers’ budget presentations. Most have had a wistful tone of “maybe this time it will be different”.
New finance minister Enoch Godongwana probably has the best of intentions, but does he have the support within the upper echelons of the party that he needs to succeed? Unfortunately when good intentions meet the realities of ANC misgovernance, weak leadership, poor policy implementation, endemic incompetence and corruption, it all falls apart. Why should this time be any different?
The market should stop allowing the ANC the comfort of temporary respite on the back of budgets that cannot succeed in the face of all the built-in impediments.JOIN THE DISCUSSION: Send us an email with your comments. Letters of more than 300 words will be edited for length. Send your letter by email to
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