Medium Term Budget Policy Statement – implications for labour and the working class1 min readReading Time: < 1 minute
Workers On Wednesday 6 November
Last week Finance Minister, Tito Mboweni, delivered his Medium Term Budget Policy Statement (MTBPS) to Parliament and the nation. Described as an austerity budget that has won support from big business, the minister has put forward proposals for deep cuts in the state’s budget. Cosatu unions and Saftu have threatened resistance and even ‘war’ with the state. In today’s show we look closely at the MTBPS and its implications for the broader working class.
- Hameda Deedat – Acting Executive Director at Naledi, the research arm of Cosatu’s Research Unit
- Dr Dale McKinley – independent political and labour analyst