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Enoch Godongwana

Enoch Godongwana is South Africa's Minister of Finance, a position he has held since August 2021. He is a South African politician and member of the African National Congress (ANC). Godongwana was appointed to the finance portfolio by President Cyril Ramaphosa, replacing Tito Mboweni during a Cabinet reshuffle. Before becoming Finance Minister, he served as Minister of Public Enterprises from 2018 to 2019 and chaired the ANC's economic transformation subcommittee, where he played a significant role in shaping the party's economic policy direction. His tenure as Finance Minister has been marked by efforts to stabilise public finances, manage South Africa's debt burden and navigate the fiscal challenges posed by state-owned enterprises, particularly Eskom. Godongwana has been a key figure in budget presentations and economic policy debates, regularly engaging with business, labour and civil society on fiscal reform and growth strategies. He recurs in coverage of national budgets, tax policy, sovereign credit ratings, state-owned enterprise bailouts and macroeconomic strategy. Prior to his ministerial roles, Godongwana held leadership positions in trade union and business circles, including serving as deputy general secretary of the National Union of Metalworkers of South Africa (Numsa) in the 1990s. He later moved into the private sector and served on various corporate boards before returning to government.

Enoch Godongwana Updates

Business Leadership South Africa CEO Busisiwe Mavuso

City of Joburg failure poses risk to economy – Mavuso

By: Schalk Burger     8th June 2026 The failure of the City of Johannesburg poses a systemic risk to the entire economy, says business organisation Business Leadership South Africa... 

An image of a petrol station

Petrol prices to increase, but some relief for diesel prices

By: Tasneem Bulbulia     1st June 2026 The prices of petrol 93 and 95 (ULP and LRP) are both set to increase by R1.43 a litre, effective June 3, while diesel prices are set to decrease... 

ActionSA Will Never Support a Self-Congratulatory Budget Speech That Neglects the Needs of the Poor

28th May 2026 ActionSA vehemently rejects the Budget by the Finance MMC, Cllr Loyiso Masuku that offers nothing new to the residents of Joburg. Today’s 97.4... 

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Thermometer

Daily Podcast – May 22, 2026

22nd May 2026 Making headlines: RISE Mzansi, GOOD will contest 2026 local election together Treasury to start deducting money owed to municipalities by... 

Finance Minister Enoch Godongwana

Treasury to start deducting money owed to municipalities by provincial and national departments

By: Terence Creamer     22nd May 2026 The National Treasury has taken a decision to deduct monetary amounts owed to municipalities by national and provincial government departments to... 

JHB skyline

Joburg on the brink of financial collapse

By: Bloomberg     21st May 2026 At the city-owned Johannesburg Art Gallery, paint is peeling off the rain-damaged ceiling, the elevator doesn’t work and parquet tiles are loose... 

Eskom warns of Joburg power cuts after city ‘fails to honour terms of court order’

Eskom warns of Joburg power cuts after city ‘fails to honour terms of court order’ 

By: Terence Creamer     18th May 2026 Eskom has issued a public notice warning of possible electricity supply interruptions in the City of Johannesburg (CoJ) from July 8, owing to an... 

DA Ekurhuleni mayoral candidate Khathutshelo Rasilingwane

Daily Podcast – May 07, 2026

By: Thabi Shomolekae     7th May 2026 Making headlines: DA demands national intervention in Joburg and Ekurhuleni; Parly committee flags SIU’s ‘inadequate’ funding model; And, African... 

President Cyril Ramaphosa

DA calls on President’s intervention to place City of Joburg under financial administration

7th May 2026 The Democratic Alliance (DA) Gauteng is calling on President Cyril Ramaphosa to intervene and ensure that the City of Johannesburg is placed under... 

Image of Solly Msimanga

DA demands national intervention in Joburg, Ekurhuleni 

By: Thabi Shomolekae     7th May 2026 The Democratic Alliance in Gauteng has renewed its push for national intervention in the City of Johannesburg and Ekurhuleni municipalities, citing... 

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