TitoMboweni highlights two major concerns the ruling party needs to address – service delivery and spending priorities. SouthAfrica economy ANC
If the lively discussion and remarks posted online by attendees after a presentation by Tito Mboweni are any indication, the former finance minister and one-time governor of the South African Reserve Bank seems to have given those at the PSG Annual Conference a bit of confidence.
High rates and taxes and overcharging for services were also quoted as reasons. “We met with them and the municipality to prevent 300 job losses, 300 families which [would] suffer. “It did not help – the factory moved to KwaZulu-Natal,” says Mboweni, adding that this experience highlights the need for municipalities to support business.
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