Independent on Saturday

‘Bitter pill for taxpayers to swallow’

GEORGINA CROUTH georgina.crouth@inl.co.za

“BUILDING castles in the sky.” “Rearranging the deck chairs of the Titanic.” “Sacrificing our future, health and safety to salvage the unsalvageable.”

Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS) went down like a lead balloon with most analysts on Wednesday, as he warned that, while the piggy bank was empty, saving SAA, to the tune of R26 billion (a R10.5bn bailout for the business rescue process and R16bn in February for guarantees and interest

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