Finance minister Enoch Godongwana says co-operation between himself, Reserve Bank governor Lesetja Kganyago and their respective institutions remains intact and the new official inflation target came as a result of mutual agreements to fight inflation

The finance minister criticised minister Aaron Motsoaledi’s proposal to fund the NHI by eliminating medical tax credits, underscoring that tax policy falls under his purview

Finance minister Enoch Godongwana raised the urgency for structural reforms after data showed private sector investment into the economy waned for the second year running amid ongoing logistics bottlenecks and an ongoing trade rift with the US.

​Minister of finance Enoch Godongwana has announced the first adjustment to South Africa’s official inflation target in 25 years, arguing there are more benefits than setbacks to a tighter and lower inflation target.

Finance minister Enoch Godongwana struck an upbeat tone regarding South Africa’s medium-term growth prospects, saying even though his growth forecast for this year slipped, the economy was well-placed to grow by an average of 1.8% in the medium-term.

After months of hunkering, the minister is said to have changed his mind about the inflation target after meeting with JP Morgan and Goldman Sachs.

Finance minister Godongwana said the National Treasury has referred the SIU’s findings on the IFMS tender to the courts.

Minister says the IRP has a R440bn programme for transmission line expansion and a R2-trillion programme for IRP projects

The minister took exception to opposition MPs calling local government collapse a result of deployment

Construction Industry Development Board nabs 40 companies ‘scamming their way’ to public tenders