Finance minister out of running for top ANC post

South African Finance Minister Enoch Godongwana has ruled himself out of the running for the post of treasurer-general of the governing African National Congress when it meets to elect new leaders next month.

“It’s a conflict,” he said in an interview in Johannesburg on Thursday. “I can’t be the minister of finance and the TG of the ANC. Those two cannot come together. I prefer to be the minister of finance.” Africa’s oldest political movement, the ANC has held power since the first multi-racial elections in 1994. President Cyril Ramaphosa is widely expected to seek a second term as party leader at its December 16-20 national conference, and there has been speculation in the local media that Godongwana was a possible contender to succeed Paul Mashatile as its full-time treasurer-general.

Has no constituency like Pravin, they are picked

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

LEANNE GOVINDSAMY: Global finance rules must change to support just transitions around the worldThe financing on offer to support SA’s energy transition risk the country becoming crushingly over-indebted
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

SA must do more to combat corruption if it wants to get climate financeOPINION| SA must do more to combat corruption if it wants to get climate finance - Africa needs substantial investment for climate change adaptation and mitigation but the continent must have systems in place to ensure the money is not misused
La source: mailandguardian - 🏆 2. / 92 Lire la suite »

Show us the money: Developing world at COP27 seeks finance details | CitypressDeveloping countries have put financing a green transition at the top of the agenda, demanding that richer countries fund many of the projects and costs
La source: City_Press - 🏆 7. / 72 Lire la suite »

JUST TRANSITION OP-ED: Secretly negotiated South African climate finance deal a gift to private investors while choking local developmentAt a moment when Global North countries, in line with their historic culpability for climate change, should be pouring money into decarbonisation, only 4% of the JET-IP is in grants with the rest being loans and guarantees. bhekaNkonyane
La source: dailymaverick - 🏆 3. / 84 Lire la suite »