Economic Digest 20 – Budget 2021: Will the Right Moves be Made? by Mr Kenny Pasensie

Budget 2021 may present a ‘zugzwang’ situation for Finance Minister, Tito Mboweni. In chess a player finds herself in a ‘zugzwang’ situation when any legal move will leave the player worse off. With all the competing economic priorities demanding equal attention from the Minister, his moves may leave some feeling hard done by.