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CAPE TOWN, SOUTH AFRICA – OCTOBER 30: Minister of Finance Enoch Godongwana at the media briefing before 2024 Medium Term Budget Policy Statement at Imbizo Media Centre at Parliament on October 30, 2024 in Cape Town, South Africa. The statement outlined government’s policy goals and macroeconomic forecasts for the next three years. (Photo by Gallo Images/Brenton Geach)
BORROWING

Why halting South Africa’s debt binge is a huge win for the GNU

For the first time in fifteen years, South Africa’s debt-to-GDP will not rise. This is a major step in re-igniting the country’s growth

  • Ashor Sarupen
4 min read