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Finance minister highlights spectrum, eVisa reforms

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2024 Medium-Term Budget Policy Statement News

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Structural reforms are gaining traction as consumers now experience lower data costs, says finance minister Enoch Godongwana.

Finance minister Enoch Godongwana has emphasised government’s reform interventions, pointing to ‘cheap’ mobile data costs and the improved eVisa system.

The minister noted some of the reform achievements, including in the energy sector, which has seen 22 500MW of private sector investments in renewable energy projects. He also pointed to the “50% reduction in the cost of data for a 1.5GB bundle”. On implementing structural reforms, a National Treasury document indicates the first phase of Operation Vulindlela unlocked R390 billion worth of investment, noting the second phase will build on previous efforts.

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