Elizabeth Frantz

2 weeks ago | sowetanlive.co.za | Jeanette Chabalala |Elizabeth Frantz

Minister of finance Enoch Godongwana The general fuel levy, which remained unchanged for three years, will now be increased. Finance minister Enoch Godongwana announced this during his budget speech on Wednesday. Godongwana's decision to raise the levy was made to compensate for lost revenue following the reversal of value-added tax (VAT) increases. He said for the 2025/26 fiscal year, this was the only new tax proposal that he was announcing. This is the first fuel levy increase in three years.

3 weeks ago | sowetanlive.co.za | Sibongakonke Shoba |Elizabeth Frantz

Minister of finance Enoch Godongwana. I wouldn’t want to be in finance minister Enoch Godongwana’s shoes, even if you handed me his blue lights. Godongwana has the mammoth task of putting together a budget that must not only be accepted by his comrades in the ANC — but should also get the nod from the partners in the government of national unity — especially the DA. Of course, whatever decisions he takes, it would be impossible for him to please all sides.

1 month ago | sowetanlive.co.za | Sibongakonke Shoba |Elizabeth Frantz

Finance minister Enoch Godongwana was one of the first ANC leaders to start informal discussions with the DA months before last year’s elections where the governing party lost its majority. There was widespread acceptance among ANC leaders that for the party to return to government it would need to enter into a coalition. This view was informed by the party’s internal polls that showed that the ANC would need a miracle to garner more than 50% in the May 2024 elections.

Jan 17, 2025 | wsj.com | Elizabeth Frantz

Goldman Sachs GS 1.44%increase; green up pointing triangle Group is giving each of its two top executives $80 million worth of restricted stock units in a bid to keep them in the C-suite. The bank said Friday that Chief Executive David Solomon and Chief Operating Officer John Waldron were awarded the units based on their leadership and performance.

Jan 15, 2025 | wfft.com | Elizabeth Frantz