Enoch Godongwana News

Latest Articles

• Old Mutual Analysis Suggests South African Treasury May Extend Fuel Levy Relief Using Mining Tax Windfall

  Published: Apr 26, 2026

  Section: Africa

  Old Mutual Investment Group (OMIG) indicates that the South African government possesses the fiscal capacity to extend the R3 fuel levy cut beyond its current three-month window. S...

• South African Motorists Face Massive May Fuel Price Hikes as Middle East Conflict Destabilizes Global Oil

  Published: Apr 24, 2026

  Section: Africa

  Data from the Central Energy Fund indicates that South African fuel prices are set for a substantial increase in May, driven by international oil prices exceeding 100 dollars per b...

• South African Government Faces Mounting Pressure to Extend R3 Fuel Levy Relief as May Price Hikes Loom

  Published: Apr 23, 2026

  Section: Africa

  Finance Minister Enoch Godongwana is facing urgent calls to extend the temporary R3 per litre fuel levy cut as South Africans brace for another significant price surge in May 2026....

• South Africa Expands Legal Tender with New Gold and Silver Series Featuring the Big 5 and African Wildlife

  Published: Apr 23, 2026

  Section: Africa

  Finance Minister Enoch Godongwana has gazetted several new gold and silver coin designs, including the Big 5 and African Range series, which are officially recognized as legal tend...

• French Development Bank Rejects Johannesburg Funding Plea Amid Governance Concerns and Unmet Loan Terms

  Published: Apr 23, 2026

  Section: Africa

  The Agence Française de Développement has turned down a new financing request from the City of Johannesburg, citing the municipality’s failure to meet reporting and impact requirem...

• Finance Minister Questions NSFAS Viability as R700 Million Administrative Spend Fails to Curb Systemic Maladministration

  Published: Apr 23, 2026

  Section: Africa

  Finance Minister Enoch Godongwana has called for a critical review of the National Student Financial Aid Scheme, labeling its R700 million administrative budget as "unproductive ex...

• Finance Minister Godongwana warns of limited fuel relief as South Africa faces "reality" as global oil price-taker

  Published: Apr 21, 2026

  Section: Africa

  Finance Minister Enoch Godongwana has signaled that South Africa’s R3 General Fuel Levy (GFL) cut is unlikely to be extended indefinitely, warning that motorists must prepare for t...

• Parliament Approves R5.8 Billion Injection for PRASA Fleet Renewal Under Strict Oversight Mandate

  Published: Apr 18, 2026

  Section: Africa

  South Africa’s Standing Committee on Appropriations has adopted a report on the 2026 Special Appropriation Bill, authorizing a R5.8 billion boost for the Passenger Rail Agency of S...

• South African Fuel Under-Recoveries Halve as Global Oil Markets Stabilize Amid Middle East War

  Published: Apr 17, 2026

  Section: Africa

  Data from the Central Energy Fund reveals a significant decline in fuel under-recoveries through the second week of April 2026, though motorists still face substantial price hikes...

• National Treasury Halves Fuel Levy To Mitigate R10 Diesel Under Recovery Amid Middle East Conflict Pressures

  Published: Apr 4, 2026

  Section: Africa

  South Africa has implemented a temporary R3 per litre fuel levy reduction for April 2026 to offset massive under recoveries driven by global oil volatility. While the relief will c...

• President Ramaphosa Appoints Deputy Commissioner Johnstone Makhubu to Lead SARS Post-Kieswetter Era

  Published: Apr 3, 2026

  Section: Africa

  President Cyril Ramaphosa has officially appointed Dr. Ngobani Johnstone Makhubu as the new Commissioner of the South African Revenue Service for a five-year term beginning May 1,...

• Congress Of South African Trade Unions Condemns Treasury For Increasing Ministerial Vehicle Allowance Cap To Over One Million Rand

  Published: Apr 2, 2026

  Section: Africa

  COSATU has labeled the National Treasury "tone,deaf" following the decision to raise the official vehicle cap for ministers and premiers from R800,000 to R1.1 million. The union ar...