South Africa's Budget Gets Third Reboot With Credibility on Line
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South African Finance Minister Enoch Godongwana's third attempt to deliver a budget represents his sternest test yet.
The document which he'll present to lawmakers at 2 p.m. on Wednesday in Cape Town, will need to show investors that the government remains committed to fiscal discipline. It will also need to win buy-in from political parties to get it over the line, after two previous versions were scrapped because of disagreement within the governing coalition over taxes.
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