This is not an attempt to cover everything that happened in the budget speech today. The financial news agencies do a good enough job of that. Instead, I want to touch on some important concepts ahead of recording a Magic Markets podcast episode on this topic tonight. Look out for it on Thursday afternoon. It’s hard not to allow some …
View PostThis is not an attempt to cover everything that happened in the budget speech today. The financial news agencies do a good enough job of that. Instead, I want to touch on some important concepts ahead of recording a Magic Markets podcast episode on this topic tonight. Look out for it on Thursday afternoon. It’s hard not to allow some …
View PostThis is not an attempt to cover everything that happened in the budget speech today. The financial news agencies do a good enough job of that. Instead, I want to touch on some important concepts ahead of recording a Magic Markets podcast episode on this topic tonight. Look out for it on Thursday afternoon. It’s hard not to allow some …
View PostMedium-Term Budget Policy Statement (MTBPS) – just reading it out loud is more of a mouthful than Finance Minister Tito Mboweni’s finest roast chickens on Twitter. This is different to the annual budget speech which presents the country’s finances for the next financial year. The MTBPS gives context to the budget speech for the forthcoming year, giving the market details …
View PostLiterally minutes after I first posted this article, the headline broke that Finance Minister Tito Mboweni has asked for a postponement of the medium-term budget speech. He’s asked for a week’s delay but it’s still a really bad sign. We now wait and see whether the speech will be on October 21st as originally planned, or kicked out to October …
View PostLiterally minutes after I first posted this article, the headline broke that Finance Minister Tito Mboweni has asked for a postponement of the medium-term budget speech. He’s asked for a week’s delay but it’s still a really bad sign. We now wait and see whether the speech will be on October 21st as originally planned, or kicked out to October …
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