The leadership of the ANC called an emergency meeting to discuss the government’s plans to curb its wage bill – a move that has angered its trade union allies.
Browsing: Dondo Mogajane
National treasury wants to forge ahead with long-stalled plans to sell state assets to shore up the nation’s shaky finances despite opposition from other government departments and labour unions.
South Africa’s sixth blueprint in 25 years to boost economic growth and job creation may succeed where the previous ones have failed – by being less ambitious.
South Africa has laid out a timeline for the restructuring of Eskom and pledged that creditors of the state-owned electricity company won’t suffer losses, according to a fund manager.
South Africa has no option but to increase financial support for Eskom even while pushing for reforms at the stricken state-owned power utility, according to national treasury director-general Dondo Mogajane.
South Africa’s new national treasury director-general, Dondo Mogajane, said the institution is focused on carrying out reforms that will get the economy out of a recession and improve its credit ratings. “We are in a mess – the mess is a low growth trap