Enoch Godongwana
Coverage of Enoch Godongwana in the Nexus archive.
- South African court reinstates state pension fund chief
A South African court ordered the reinstatement of Patrick Dlamini as head of the Public Investment Corporation, overturning a board suspension that caused governance chaos. The court ruled the previous board acted unlawfully by suspending Dlamini without government approval, leading to a rift between Finance Minister Enoch Godongwana and former board chair David Masondo, who resigned. A new board, including Seiso Mohai and Swazi Tshabalala, now oversees the fund amid an ongoing investigation into its governance and $6 billion unlisted portfolio.
- BRICS Expansion: 30+ Nations Await September Summit Vote
The 18th BRICS Summit will take place in New Delhi in September 2026, with expansion decisions expected. South Africa's finance minister confirmed a second batch of countries will join the bloc, and cross-border payment systems are being piloted.
- Africa's biggest fund manager is caught up in an escalating crisis
South Africa’s finance minister is preparing to dissolve the board of the Public Investment Corporation (PIC) and remove his deputy, following a governance crisis triggered by the suspension of PIC’s CEO Patrick Dlamini over a flawed $24 million private equity deal. The situation has sparked internal conflict, board resignations, and a political debate over interference in the state-owned fund.
- South Africa Rejects a Wealth Tax on Its Richest
South Africa will not impose an annual wealth tax, as confirmed by Finance Minister Enoch Godongwana on July 2. This decision benefits the country's billionaire class.
- South Africa Plans to Tap Existing Rand Sukuk Bonds This Year
South Africa plans to utilize existing Rand Sukuk bonds in 2024. Finance Minister Enoch Godongwana discussed this during a Bloomberg Television interview in London.
- South Africa’s $218 Billion Fund Again Rocked by Governance Woes
South Africa’s $218 billion fund is again facing governance issues. Enoch Godongwana is mentioned in the context.
- South Africa: City Manager Insists Joburg Is Financially Sound During Grilling in Parliament
Johannesburg's city manager, Dr Floyd Brink, stated that rising revenue collections have stabilized the city's finances during a parliamentary session, despite municipal entities writing off R45bn in wasteful expenditure. Finance Minister Enoch Godongwana threatened to withhold funding.