Guests : Jon-Dylon Peterson | Activate Leadership Network|
Eliene Scott | Activate Leadership Network|
This afternoon finance minister Tito Mboweni delivered a special Budget Speech to the nation. In his speech, the minister stated that the country has generated far too much debt and that was the country's weakness. On top of this we have also been hit hard with unemployment. The debt will grow as the government looks to borrow $7 billion to try and keep the economy going.
With such gloom surrounding our economy, I am reminded of what President Cyril Ramaphosa said about the youth needing to step up, get creative and help strengthen the economy. That is all good an well, but the youth are also victim to that high unemployment rate, and have been since before lockdown.