Independent on Saturday

budget 2024 Godongwana’s ‘shadow boxing’ masks deep financial crisis

Minister of Finance Enoch Godongwana is proud of his trade union background but one thing he had not told us before is that, coming from the Eastern Cape boxing environment, he is also a master of shadow boxing, judging by the manner in which he delivered his 2024 Budget speech.

This was a speech that was highly anticipated, given that it was going to be presented before this year’s national and provincial elections when a combination of more than 350 political parties and/or independent political wannabes are promising lots of freebies, as if money grew on trees.

The major challenges facing the finance minister with the Budget were the economic woes facing the country owing to the problems caused

You’re reading a preview, subscribe to read more.

More from Independent on Saturday

Independent on Saturday3 min read
R21m Waves Of Excitement For Top SA Scientist
A SCIENTIST from South Africa has been shortlisted for the internationally prestigious Frontiers Planet Prize and is now in the running to pocket a princely sum of one million CHF (Swiss franc), equivalent to R21 million. Dr Mia Strand, from the Nels
Independent on Saturday2 min read
Red Bull Dismiss ‘Newey Wants Out’ Reports
RED Bull said Formula One’s most sought-after designer Adrian Newey was signed up until at least the end of next year amid reports on Thursday he was seeking to leave the reigning champions. A spokesperson added that they were “unaware of him joining
Independent on Saturday3 min read
Bullring To Script T20 Challenge Final
THERE are very few stadium atmospheres around the world that can match the Wanderers in full cry, and tomorrow’s CSA T20 Challenge final in which the Lions host the Dolphins is expected to dish out more of the same. The Bullring still possesses most

Related Books & Audiobooks