South Africa's finance minister was honest about the problems facing the country. But he made no real suggestions that the government will start doing things differently.
There is no good case for bailing out South African Airways, it's simply a matter of avoiding a potentially catastrophic debt default.
South Africa needs to start thinking about life after President Jacob Zuma. Given the damage that he's done, serious thought should be given to forming a government of national unity.
With stalled economic growth and threats of credit rating downgrade, South Africa's 2017/18 budget will need to dig deep to foster recovery.