Ramaphosa 'had better candidates to choose from', say experts on finance minister

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Rossouw acknowledged Godongwana had standing in the ANC, but that would mean nothing if he did not ensure financial and fiscal stability.

Enoch Godongwana at the 5th African National Congress national conference at the Nasrec Expo Centre on 18 December 2017 in Soweto. Picture: Gallo Images/Alet Pretorius

Godongwana was head of economic development for the ANC and chair of the Development Bank of Southern Africa. He is a former deputy minister of public enterprises and later economic development, MEC of economic affairs and later finance in the Eastern Cape. “He was linked to the mysterious disappearance of about R120 million in textile workers’ pension funds and now he is given the keys to the National Treasury.”

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