Bongiwe Kunene (Supplied/ BASA)
The business of banking is to provide financing for investment in sustainable, commercially sound companies, entrepreneurs, and economic infrastructure, which in turn supports economic growth and job creation. The sector is ready to get cracking, says Bongiwe
Kunene.
The
re-appointment of Enoch Godongwana, as Minister of Finance, and David Masondo
as Deputy Minister of Finance, is an important signal that the Government of
National Unity will continue to implement fiscal policies aimed at maintaining
responsible, sustainable spending on social and economic infrastructure and
reducing national debt.
The
appointment of Ashor Sarupen, as an additional Deputy Finance Minister, will
increase the capacity of a team that has the vital task of restoring South
Africa’s fiscal health and bolstering inclusive economic growth, the only way
to tackle the unemployment, poverty and inequality that threatens social
stability in the country.
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Read More: OPINION | The business of banking is the backbone of growth. The sector has
