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While there was little mention of mining, the medium-term budget speech anticipates little to no growth in the mining sector of South Africa.
The South African Minister of Finance, Tito Mboweni, has touched on the importance of attracting skilled people to South Africa in order to support growth.
Following Finance Minister Tito Mboweni’s first budget, economist Dr Azar Jammine has raised hopes for a “major recovery” in the South African economy.
Former finance minister Nhlanhla Nene, resigned to avoid exacerbating the stressed relationship between the public and private sectors.
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