A shocking thing happened while the finance Minister Pravin Gordhan was presenting his 20th mid-term budget speech in Parliament, the president, Jacob Zuma was found sleeping!
Zuma was caught sleeping while Gordhan was making his speech that was almost about the state of the country’s politics and how it affects the the public purse.
The parliament’s cameras caught President Jacob Zuma sleeping at exactly an hour and 14 minutes while everything continued as normal during the Mid-term Budget Speech
Among other things said on Thursday’s Mid-term Budget Speech, the minister declined to say whether he was confident of the political support of the ruling ANC as he prepares to answer fraud charges laid against him in court.
He said he had tried not to let the case distract him while preparing a mid-term budget presented to parliament on Wednesday.
The minister however insist of being innocent of wrong-doing, saying the case is politically motivated, a sentiment echoed by opposition parties, business leaders and some senior ANC figures.
Asked during a post-budget breakfast meeting whether he was still confident he had political backing, Gordhan said: “I’m not trying to duck, but I’m not going to answer it.”
Gordhan on Wednesday also slashed growth forecasts for the next three years and predicted wider budget deficits than previously expected. He said he was not preoccupied with whether he had done enough to stave off credit rating downgrades.
“Our preoccupation is not rating agencies. Our preoccupation is putting the country on the right footing,” Gordhan said.
“If we build confidence to the point where we get investment going … everybody including ratings agencies will believe that we as a government are doing the right thing,” he said.
The minister also warned of major risks to the economy, with government planning to raise taxes and cut spending.