SCORE: B+ Finance minister Godongwana’s leadership this year faced its first test during the tabling of the national budget. For the first time, the budget had to be re-tabled over a dispute about a proposed VAT increase, initiated by parties in the government of national unity. The minister was required to strike a balance between […]
SCORE: C- Three years into his tenure, Enoch Godongwana continues to navigate his job with a “tough love” approach, mirroring his predecessor, Tito Mboweni, an advocate of austerity. His reappointment following national elections reassured markets, signalling continuity and emphasised his commitment to fiscal discipline. Godongwana set a fiscal deficit target of 3.4% of GDP by […]
Instead of scrapping ANC economic policy, DA ministers are now implementing it
The finance minister delivered his speech at Cape Town City Hall
Finance Minister Enoch Godongwana will deliver the 2023 Budget Speech to the National Assembly in the Cape Town City Hall
M&G Editor-in-Chief Ron Derby expects Godongwana to follow a rather similar course that his predecessors have set, by kicking the can down the road, yet again at his budget speech
DepartmentFinance Key Goals Analysis Enoch Godongwana has emerged as one of the most trusted members of President Cyril Ramaphosa’s cabinet. Regarded as highly rational, Godongwana’s second year in the position has seen him continue his role as the finance minister with one of the tightest grips on the country’s purse strings. And, at least for […]
Enoch Godongwana is currently seized with preparations for the medium-term budget, which will give details on whether fiscal stability is still possible
The ANC had been trying to chart a way forward on the critical question of land
Deputy Minister of Economic Development Enoch Godongwana has resigned from his position in order to pursue ‘personal interests’.