#MTBPS2018: An in-depth look at South Africa's economic model
Senior lecturer at the School of Economic and Business Science at Wits University Lumkile Mondi says the ANC has marginalised capable blacks that are not comrades.
He further says that cadres that are incompetent get rewarded.
Sizwe Mpofu-Walsh spoke to senior lecturer at the School of Economic and Business Science at Wits University Lumkile Mondi and CitiBank Economist Gina Schoeman about some of the challenges facing Minister of Finance Tito Mboweni.
The biggest challenge is that South Africa is a microeconomic model.Lumkile Mondi, Senior Lecturer at the School of Economic and Business Science at Wits University
If you look at African models post their independence they have all collapsed.Lumkile Mondi, Senior Lecturer at the School of Economic and Business Science at Wits University
We depend so much on financial markets.Gina Schoeman, CitiBank Economist
Finance Minister Tito Mboweni will deliver the Medium-Term Budget Policy Statement on Wednesday.
Listen to the full analysis here:
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