In the space of a month, the country lost two former finance ministers, Pravin Gordhan and Tito Mboweni, and most recently former labour minister, Membathisi Mdladlana.
CAPE TOWN - The tabling of the Medium-Term Budget Policy Statement started on a sombre note in the National Assembly on Wednesday, as Finance Minister Enoch Godongwana paid tribute to his predecessors.
Godongwana said they all shaped the country’s democracy and he was inspired by them in compiling the first mini-budget of the seventh administration. He said in preparing Wednesday’s speech and grappling with the challenges facing the nation in reaching social and economic development goals – the wisdom imparted by Gordhan and Mboweni was a constant source of inspiration.
Meanwhile, Godongwana said Mboweni would be remembered for modernising South Africa’s monetary policy and he brought passion and intellectual bravery to structural reforms.
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