March 29, 2020

Minister of Finance Tito Mboweni declared that he “fully endorses” the establishment of a unit within the South African Revenue Services (SARS) that is deployed to investigate and gather intelligence on illicit financial flows and granting SARS full “intrusive enforcement capacity” to act against them when necessary.

Inequality between nations is worse than inequality within nations. This means that the economic distance between an impoverished Burundian and a wealthy Belgian, for example, is far greater than the economic distance between impoverished and wealthy people within Burundi itself. There is only one place where the severity of this global inequality is mirrored at a national level: South Africa. According to DENNIS WEBSTER a new report sheds light on the full, multidimensional nightmare of South African inequality.

CARILEE OSBORNE, the Senior Researcher at the Institute for African Alternatives (IFFA) and Assistant Editor of its flagship journal, New Agenda, warns that austerity measures cannot deliver a country from an economic slump, especially in South Africa where there is severe unemployment, that results in poverty and inequality. The only way to effectively address inequality is through large-scale government interventions, preferably those that generate jobs.

The medium-term budget statement by Minister Tito Mboweni seems to have brought little clarity on what government is going to do to fix our economy. True, he rang the alarm bells about the national debt but his solutions in terms of spending cuts does not convince. Especially as he does so in the name of austerity; an approach that has been severely criticised internationally even by members of the IMF.

The long-overdue vote on the outcome of the protracted disciplinary hearing of suspended Secretary to Parliament, Gengezi Mgidlana, was in the end uneventful. However, what was unusual about this plenary session was the unanimous cross-party agreement in both Houses. All parties voted in favour of the motion that Mgidlana be summarily dismissed on the grounds of serious misconduct.

Page 1 of 33

About Us

Notes from the House is an independent online publication that tracks and monitors Parliament’s role in fulfilling its constitutional responsibilities to improve the lives of South African citizens. Published by Moira Levy with the support of the Claude Leon Foundation.

Latest Tweets

Who will guard the guards? https://t.co/EwYiapJE0O
Before there can be convictions, charges have to be laid https://t.co/MboO8qrU93
Follow Notes from the House on Twitter