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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Enoch Godongwana

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South Africa

South African Finance Minister Acknowledges Load-Shedding Impact, Advocates Energy Sector Reforms in Budget

SA Finance Minister Enoch Godongwana addresses the critical issue of load-shedding, recognizing its widespread impact on South Africans, disrupting production, operations, and livelihoods. During the delivery of the last budget of the 6th administration, Godongwana emphasizes the need for energy sector reforms to ensure long-term energy security.  

todayFebruary 22, 2024 11

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South Africa

SA’s Finance minister says the International Monetary Fund predicts a global growth slowdown

SA's Finance minister Enoch Godongwana says the International Monetary Fund predicts a global growth slowdown. This affects South Africa due to its trade with China, declining commodity prices and potential higher United States interest rates. He attributes the weak medium-term outlook to power cuts, poor logistics sector performance, high inflation, rising borrowing costs and a challenging global environment. Delivering his medium-term budget policy statement in Parliament, Godongwana said gross domestic […]

todayNovember 2, 2023 3

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