A country where half of the population is dependent on state welfare is no achievement and to then try to abuse it for political gain is reprehensible.

The rand has been extremely volatile this year, reaching its weakest level to date against the dollar amid increased political risk, weak economic growth and various local factors.

The interest rate is expected to be left unchanged for the third consecutive time, but a rate cut would be more beneficial for the economy as it would help consumer spending and households’ ability to service their debts as the festive season approaches.

The prospect of an additional public holiday may be something to get excited about for many South Africans, but the country’s economy simply cannot afford it.

Finance minister Enoch Godongwana must announce concrete steps on how the government is going to tighten the belt in the midst of the country’s looming financial crisis.

Despite the huge gap between politicians’ salaries and the average South African salaries, ordinary South Africans are further expected to pay for the government’s failures while politicians are exempted from them.