Clotilde

☕️ work: Presidential Employment Stimulus; Steering Committee Member at @budgetjusticesa . Made in 🇮🇹 based in 🇿🇦

[@DumaGqubule @DumaGqubule]

@VoiceOfTruth___ it is the job of treasury and sarb to ensure short and long term growth. if it is not their job whose job is it?

[@DumaGqubule @DumaGqubule]

I do not understand how anyone can say that was a good budget. We had 17 years of annual average GDP growth of 1.1%. How can we celebrate mediocrity of a forecast 1.6% growth for 2026 that we will not achieve?

End austerity to stimulate the economy https://t.co/QGsOQhfptM

[Clotilde @Clotilde_a]

#budget2026 didn’t deliver- excellent summary by @budgetjusticesa

[Budget Justice Coalition SA @budgetjusticesa]

[POST-BUDGET STATEMENT]

🔗 Read it here: https://t.co/vRNulyLFJc

🗣️ We’ve spoken to members and communities. The Minister’s #Budget2026 speech was NOT speaking to them.

A budget which doesn’t prioritise youth, social protection, or economic inclusion?

❌ NOT a #PeoplesBudget.

[Budget Justice Coalition SA @budgetjusticesa]

Fiscal Framework and Revenue proposal deadline has been extended - Submissions and your indication to make oral presentation must be received by no later than 12:00 on Monday, 09 March 2026 #Budget2026

[Clotilde @Clotilde_a]

@budgetjusticesa @YouthCapitalSA youth lens on the budget 🔥 what does the budget mean for young people?! Brilliant

[Budget Justice Coalition SA @budgetjusticesa]

[BUDGET] the countdown to the National Budget is ON - join us on Wednesday for a debrief https://t.co/As4vF6tvp1 #budgetadvocacy #budget2026

[Budget Justice Coalition SA @budgetjusticesa]

[MEDIA] Ahead of MTBPS, @tshidixlen and @Clotilde_a highlight that the national budget is a a tool for the people of SA not investors and role players- on @SundayTimesZA - with state investment decreasing in real value, there is no quiet economic growth 🔗https://t.co/ee1ftYjtLy

[Sizwe SikaMusi @SizweLo]

In March, the IMF published a paper examining the potential consequences of South Africa lowering its inflation target to 3%.

I won’t bore you with the technicalities, except that even under the IMF’s most favourable assumptions, by lowering the inflation target to 3%, South Africa would be opting for an upfront GDP loss of 0.4% and about 100 000 extra job losses.

Otherwise, the expectation is a 1.9% GDP decline and about 200 000 jobs lost.

Essentially, the 3% target is a gamble, and the IMF’s own paper acknowledges that the downside risk is substantial.

Yet Treasury has opted for the 3%. They obviously know something the IMF doesn’t.

But, given South Africa’s unemployment crisis, one has to wonder whether losing 100 000+ jobs to achieve a lower inflation target is really the optimal policy choice right now.

This seems like a policy designed for a different economic reality than the one South Africa actually faces.

[@DumaGqubule @DumaGqubule]

Our jobs crisis is a national disgrace. Skills mismatch theory of unemployment is nonsense. My uber driver was a medical physicist who had been unemployed for a year. Was his first day on the job. This is the insanity of austerity. He got a job yesterday but starts next year.

[Youth Capital @YouthCapitalSA]

[TUNE IN] Project Lear Buhle Mawgaza speaks to @Smile904FM about Youth Capital’s submission on the National Credit Act to @the_dtic #debtjustice

[Budget Justice Coalition SA @budgetjusticesa]

[GENDER RESPONSIVE] As the MTBPS process by @Treasury_RSA starts, the members of the Feminist Economics working group at the BJC highlight why gender-responsive budgeting can combat inequality @dailymaverick https://t.co/eQjo99wvtr #budgetparticipation

[@DumaGqubule @DumaGqubule]

Yes as he says we cant allow Treasury to be a super ministry. it is like a parallel state that is more powerful than the president

[Youth Capital @YouthCapitalSA]

[LIVE] @Clotilde_a, @LethaboMaluke24 and @madeinpoetry on @CapeTalk giving the modern day youth experience this Youth Day

[Health-and-social-Cluster @HealthSocClust]

Ms Clotilde Angelucci from @YouthCapitalSA says the unemployment rate for the 15-34 age sits at over 50% meaning that one in two young people in South Africa is willing to work but canʼt find pathways into economic opportunities, furthermore public employment programmes are a way of expanding the economy by providing work experience, stimulating demand and providing essential services.

[Budget Justice Coalition SA @budgetjusticesa]

@SECTION27news @IlifaLabantwana @IEJ_SA @YouthCapitalSA @AIDC_RSA @RHAPnews @danielmclarenza @russ421 @AliyaChikte @Clotilde_a “Gov said they may replace the SRD with a job seeker grant. we caution against that. Looking for work is expensive, youth spend 1000 pm seeking jobs, but incentivising job seeking is not creating jobs. Social protection & job creation should not be pitted against one another.”

[Budget Justice Coalition SA @budgetjusticesa]

@SECTION27news @IlifaLabantwana @IEJ_SA @YouthCapitalSA @AIDC_RSA @RHAPnews @danielmclarenza @russ421 @AliyaChikte @Clotilde_a from @YouthCapitalSA reported that “we’ve taken an interest in the presidential employment stimulus program. We’ve seen a decrease in the number of posts. I want to highlight that the opportunities are not there”

[Budget Justice Coalition SA @budgetjusticesa]

[BJC TOWN HALL LIVE THREAD]

🔔🔔The BJC town hall where we debrief on budget 3.0 is starting now. Join us at this link: https://t.co/qIYOZStHkH

Alternatively, follow this live thread for updates

@BJCTownhall

[Budget Justice Coalition SA @budgetjusticesa]

[TOWNHALL] The Budget by @Treasury_RSA @TreasuryRSA is back! Join us on Thursday ay 2pm as we make sense of it together

@SECTION27news @YouthCapitalSA @AIDC_RSA @RHAPnews @IlifaLabantwana @IEJ_SA
#nationalbudget

[Statistics South Africa (Stats SA) @StatsSA]

#ZAInflation || Your money buys less coffee than it used to.

Read more on the latest #ZACPI figures here: https://t.co/2HgFJgbCek

#StatsSA #GovZAupdates

[Youth Capital @YouthCapitalSA]

📺 “The budget is not a GNU product, it’s for the people of South Africa.”

Ahead of Budget Speech 3.0, @Clotilde_a joined @Newzroom405 to call for real investment in young people through public employment and long-term job creation.

🎙️ Watch this space.

#YouthCapital #BudgetSpeech2025