Labour's take on Tito's speech

Finance Minister Tito Mboweni today painted a bleak picture of the country’s economy,

citing a rapid increase in our national debt.

But, this did not stop him from allocating more money at ailing state-owned companies.

He tabled the 2020 Medium-Term Budget Policy Statement in Parliament today.

Cosatu's Parliamentary coordinator, Matthew Parks joined us to share the union’s views on Mbowneni’s speech.

(PHOTO: Flickr)

We also spoke to Ernest Zamisa, who is a financial planner at Momentum.