Budget holds the line on economy, Chamisa vows to tear it up
Finance Secretary Mthuli Ncube presented the new state Budget on November 22, which can only be described as a harsh austerity budget, tempered only by the promise to pay the 13th month pay within the financial year, a big improvement on past years. Some of the austerity is good – cutting wages to ghost state employees. But most of it will crush down on the people – higher fuel taxes and transaction tax, an end to ‘Command Agriculture’, and an end to state bailout of private companies.