Enoch Godongwana: new piper, same tune
Like his predecessor, Enoch Godongwana is pushing for economic reform and cost efficiency. But while the Treasury can opine about things, it cannot control them; the cabinet needs to come to the party too
Tito Mboweni’s aloe ferox may have left the scene never to return, yet his successor, Enoch Godongwana, delivered earthy grit in last week’s medium-term budget speech.
Investors and market analysts liked Mboweni. But they also knew his time had come, and he had outlived his usefulness. He had become almost too independent-minded, with too much distance between him and the ANC...