Enoch Godongwana
South African politician serving as Minister of Finance.
Latest statement source 21 Oct 2026Archived 26 Oct 20265 sources
32 people have been arrested. What more do we want?
Defending funding allocated to commissions of inquiry, including the Madlanga Commission, in the 2026 MTBPS.
There is clarity now: VAT will remain at 15 per cent.
Presenting the third version of the 2025 budget, which dropped the VAT increase proposed in March 2025.
In 2025/26, government debt is projected to stabilize at 77.4 per cent of GDP.
Updated debt projection in the revised budget.
The increase is also the most effective way to avoid further spending cuts
Tabling a revised budget after the 19 February 2025 speech was postponed amid disagreement in the Government of National Unity; proposed raising VAT by half a percentage point in 2025/26 and again in 2026/27.
Debt-service costs will amount to R389.6 billion in the current financial year.
Setting out the cost of servicing government debt in the same speech.
Who they are: Public Figure Record Verified
Original sources
- SecondaryMTBPS 2026: Godongwana directs millions to Commission InquiriesEyewitness News (EWN) · 21 Oct 2026
- SecondaryREAD IN FULL: The Budget Speech - 21 May 2025Eyewitness News (EWN) · 21 May 2025
- PrimaryMinister Enoch Godongwana: 2025 Budget SpeechSouth African Government (gov.za) · 12 Mar 2025
Archive note
26 Oct 2026 Published after review.
Something wrong? Tell the editors, with a source. Identifier enoch-godongwana.