Sunday, December 22, 2024

World Economic Forum: Godongwana on the charm offensive

The Finance Minister, Enoch Godongwana, says while it is important to outline the challenges that South Africa is facing, outlining what the country is doing to address them is more important. He was speaking in his message to the World Economic Forum (WEF) in Davos, Switzerland.

Godongwana has embarked on meetings and bilateral engagements with global leaders in government, business and civil society.

READ MORE: Rwanda and Congo come to blows over refugee crisis

Godongwana says dealing with red tape, collaborating with business to address energy issues are some of government’s focus areas.

“To deal with red tape, there are things we need to change, so we’re engaged in these issues.  I know that some work is being done by business to formulate a strategy to work with us in the energy space, I’ve referred to the electricity challenges which are confronting us and some work is being done to deal with those issues.  What I would urge is that we tend to talk social compacting in South Africa and develop an agenda which is long, whereas social compacting does not mean we have to agree on broad packages, there could be one or two things which we agree that these issues are a priority, we need to work together.

Hot this week

World Bank to Loan Nigeria $1.65 Billion in 2025 to Tackle Key Social Challenges

The World Bank plans to provide Nigeria with $1.65...

Stampede at Ibadan Event Leaves 35 Dead, Families Devastated

At least 35 children lost their lives in a...

Mozambique’s Post-Election Unrest and Cyclone Chido Threaten Economic Growth, IMF Warns

Mozambique's economic outlook for 2024 is dimming as post-election...

Nigeria Pays $85.54bn ECOWAS Dues, Ends 19-Year Gap in Full Compliance

Nigeria has fully settled its financial obligations to the...

ICPC Tracks N610 bn Projects, Recovers N29.7 Billion in Cash

Nigeria’s fight against corruption has yielded remarkable results, with...

Peter Obi Offers to Fulfill Bail Conditions for Activist Dele Farotimi

Former Anambra State Governor, Peter Obi, has pledged to...

2025 Budget: FG Sets N27bn Aside for Obasanjo, Buhari, Gowon, and Others

The Nigerian government has earmarked N27 billion for the...

Apple Denies DRC Claims, Faces Legal Challenges Over Conflict Minerals

Apple has denied claims by the Democratic Republic of...

Yahaya Bello Regains Freedom After Meeting Bail Terms

Former Kogi State Governor Yahaya Bello was released from...

U.S. Announces $230 Million in New Aid for Sudan Amid Humanitarian Crisis

The United States has pledged an additional $230 million...

Stampede at Ibadan Event Leaves 35 Dead, Families Devastated

At least 35 children lost their lives in a...

Nigeria’s Supreme Court, 14 MDAs Fail 2024 Ethics Test, ICPC Report Reveals

The Independent Corrupt Practices and Other Related Offences Commission...

Hackers Breach Nigeria’s Statistics Website, Disrupt Access to Vital Data

Nigeria's National Bureau of Statistics (NBS) is scrambling to...

Related Articles

Popular Categories