Analyst Says Godongwana Must Strike A Balance Between National Spending And Resources Available
Written by Mduduzi Phungula on 22 February, 2023
By: Bright Ntuli
Financial analysts want the government to relook at the bail-out culture for troubled state-owned enterprises.
This call comes ahead of Finance minister Enoch Godongwana’s budget speech today.
The sector wants Godongwana to look into striking a balance between competing national spending priorities, and the limited resources available to Treasury.
Nedbank’s Jones Gondo expects the minister to stabilize Eskom’s finances, and will also deal with Transnet.