Which hat will Godongwana wear for his budget? His choice is SA’s future
Finance minister’s success in his debut budget speech on Thursday depends on his ability to separate his roles
Thursday is the day Enoch Godongwana becomes finance minister.
Yes, he was appointed in August when President Cyril Ramaphosa reshuffled his cabinet, but you are not officially a finance minister until you have delivered the budget speech to the nation.
Granted, he is not tabling a full budget with all its major policy announcements, but the medium-term budget policy statement is equally important. It gives us an update on the health of our finances but also adjusts allocations to government departments, provinces, municipalities and state entities based on prevailing needs...