Godongwana’s inaugural budget: austerity vs social security

Godongwana’s inaugural budget: austerity vs social security

Tough case: All eyes will be on Finance Minister Enoch Godongwana when he delivers his first medium-term budget speech, which comes amid Covid-19 and after the devastating July riots, and whether he will dish out additional revenue. Photo: Madelene Cronje Finance Minister Enoch Godongwana will deliver his first medium-term budget speech next week.

Economists say the minister, who took over from Tito Mboweni a month after the devastating July unrest in KwaZulu-Natal and parts of Gauteng, will probably give more clarity on how South Africa’s economic prospects have improved since the start of the year and whether those gains can […]

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