Mboweni leaves organisers high and dry after hacking of discussion on lack of jobs and economy

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Finance Minister, Tito Mboweni, was forced to stop delivering an address at a virtual panel discussion on youth unemployment, economic recovery and past riots on Thursday night.

This after a group hacked the meeting shouting “no to austerity.”

Mboweni hastily exited the meeting even before he could say a word, leaving the organisers of the event high and dry.

A feminists group under the banner of hashtag-codered disrupted the webinar, saying that austerity kills.

It wants a feminist economy, a universal basic income grant and an end to austerity.

SABC News tried getting a comment from the group but it was not available at the time of publication.

In the video below, Mboweni prevented from giving address on youth unemployment and economy:

‘Austerity evident’

Some economists believe that austerity is evident in government’s budget and they fear that this will increase unemployment.

Duma Gqubule, from the Centre of Economic Development and Transformation, says government’s current budgeting will hinder economic recovery.

“Every single page of that budget talks about austerity, the government is planning to draw R265 billion from the economy over the next three years it will cause harm to the economy and impede recovery.”