News Formal

Finance minister highlights spectrum, eVisa reforms

  • 📰 ITWeb
  • ⏱ Reading Time:
  • 24 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 51%

2024 Medium-Term Budget Policy Statement News

MTBPS,National Treasury,Spectrum Auction

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Transforming Finance Through Scalable Infrastructure: Join the Digital Finance Breakfast in SandtonAfrica's Technology News Leader
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

ACDP expects Godongwana to deliver market-friendly MTBPSParliamentary whip, Steve Swart, said he expects Finance Minister Enoch Godongwana to stick to the fiscal consolidation measures he introduced in the previous administration.
Source: ewnupdates - 🏆 30. / 53 Read more »