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Enoch Godongwana

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Finance minister Enoch Godongwana. Taxpayers are invited to share their suggestions regarding what the government should focus its spending on.Image: Esa Alexander

Tax, paying down debt and where to spend your cash: finance minister calls for input

Finance minister Enoch Godongwana will deliver his inaugural national budget speech on February 23, his office said on Thursday. Taxpayers are invited to share their suggestions regarding what the government should focus its spending on,…

Finance minister Enoch Godongwana.Image: Esa Alexander/Sunday Times

Godongwana has not budgeted for extension of R350 social relief of distress grant beyond March 2022

Finance minister Enoch Godongwana has not budgeted for an extension of the R350 social relief of distress grant beyond the March 2022 expiry date, saying that decision resides with the cabinet. “In terms of the basic income grant or R350…

Sars commissioner Edward Kieswetter and finance minister Enoch Godongwana during a press conference ahead of the medium-term budget speech at parliament in Cape Town.Image: Esa Alexander/Sunday Times

‘Tough love’ for ailing SOEs as finance minister closes tap

Finance minister Enoch Godongwana has opted to “practise tough love” regarding struggling state-owned enterprises (SOEs), saying their performance will have to drastically improve before receiving any further bailouts from the government.…

Finance minister Enoch Godongwana ahead of his medium term budget speech.Image: Esa Alexander/Sunday Times

R1,000 sweetener to civil servants adds R20bn to government wage bill

Finance minister Enoch Godongwana said a runaway public sector wage bill was one of the domestic risks facing government finances in an uncertain economic environment. The government’s decision to offer a R1,000 one-off gratuity to civil…

ANC economic policy head Enoch Godongwana spoke during a webinar organised by the Progressive Business Forum on Monday evening about the party’s economic recovery plan, announced last month.Image: SUNDAY TIMES

ANC does not want to use pension funds to bail out SOEs: Godongwana

There is no truth to speculation that the ANC wants to review regulation 28 of the Pension Funds Act so that it can use pension funds to bail out struggling state-owned enterprises. This is according to Enoch Godongwana, head of the ANC’s…