Enoch Godongwana
In the news
IEC Declares 2026 local elections ‘free and fair’ as SA enters coalition era
Following the IEC's declaration of the 2026 local government elections as free and fair, economists and political analysts weigh in on what the shift toward municipal coalitions…
Drop in fuel price
South African motorists will experience financial relief at the pumps as petrol and diesel prices decrease, supported by government adjustments to the general fuel levy.
Sars can collect even more if mining gets support, cash businesses are brought into tax net
Former SARS tax chief Jonas Makwakwa outlines how South Africa can significantly boost revenue by revitalising the gold mining sector and bringing the vast cash economy into the…
Fuel relief buys time but growth runs on empty
While economists welcome South Africa's temporary R10 billion fuel levy cut, trade unions and analysts warn that fiscal austerity fails to tackle sluggish growth and high…
Budget 2026: Godongwana announces R10bn in temporary fuel relief
Finance Minister Enoch Godongwana has introduced R10 billion in temporary fuel levy relief to ease household pressure, even as National Treasury lowers growth forecasts and warns…
PIC board confirms independent probe into whistleblower allegations
The newly appointed Public Investment Corporation (PIC) board has confirmed that whistleblower allegations against chief executive Patrick Dlamini will be independently…
PIC CEO returns to the office
Patrick Dlamini has returned as CEO of the Public Investment Corporation (PIC) after the Gauteng High Court declared his suspension unlawful. However, the court made no findings…
Masondo: Board resignations left PIC unable to defend Dlamini suspension
Former Public Investment Corporation (PIC) chairperson David Masondo reveals that the board's mass resignations prevented it from defending its decision to suspend chief…
Minister urged to rescue collapsing Gqeberha metro
Gqeberha, formerly Port Elizabeth, is facing a severe service delivery collapse due to mismanagement and political infighting. A veteran anti-apartheid activist is now calling…
Mohai takes helm of new PIC board as governance challenges remain
The Public Investment Corporation (PIC) has welcomed the appointment of its new board, led by chairperson Seiso Mohai, as a crucial step towards restoring stability after a…
‘PIC whistleblower takes board overhaul battle to Parliament ahead of Dlamini court challenge’
As suspended Public Investment Corporation (PIC) chief executive Patrick Dlamini challenged his precautionary suspension in the Gauteng High Court, a whistleblower asked…
Masondo resigns as PIC chair as Godongwana prepares sweeping board overhaul
Public Investment Corporation (PIC) chairperson David Masondo has resigned as Finance Minister Enoch Godongwana prepares a sweeping overhaul of the board of Africa's largest…
Masondo resigns as PIC chair, warns investigations must not be ‘swept under the carpet’
Public Investment Corporation (PIC) chairperson David Masondo has resigned, becoming the latest senior casualty of the governance crisis engulfing South Africa's largest asset…
PIC crisis escalates as whistleblower accuses Godongwana of board interference
A whistleblower has escalated the governance crisis at the Public Investment Corporation (PIC) to Parliament, alleging that Finance Minister Enoch Godongwana attempted to…
Treasury cuts Johannesburg's July transfer over compliance failures
The National Treasury has withheld a portion of the City of Johannesburg's July 2026 equitable share, citing serious concerns over the metro's financial management, governance,…