TLU SA has taken note of Minister Enoch Godongwana’s budget speech delivered on 30 October 2024. However, this agricultural organisation seeks clarity on how the announced plans will genuinely meet the real needs of agriculture and the South African economy.
“The focus of the government of national unity on inclusive growth and job creation is valuable, but we are concerned that real challenges, such as corruption and mismanagement, are not truly being addressed,” says Bennie van Zyl, General Manager of TLU SA. “How can we believe that this budget will genuinely bring change if there isn’t a clear strategy to eradicate corruption and cadre deployment?”
The minister’s proposals for building a capable, ethical state are good, but TLU SA asks: What specific steps will be taken to address the challenges in local government? “Many municipalities are already struggling with financial management. How will the government ensure that these issues are really resolved?”
Furthermore, the expected economic growth rate of 1.1% for 2024 is disappointing. “What are the plans to improve this growth and create a real environment where the private sector can invest with confidence?” Van Zyl asks.
TLU SA has always advocated for a stable and predictable business environment that supports agriculture. “We urge the government not to rely on fine words alone, but to take real action that will advance agriculture and the broader economy.”
The Minister of Finance, Mr Enoch Godongwana, is delivering the Medium-Term Budget Policy Statement (MTBPS) in the National Assembly today. The #MTBPS plays a vital role in the overall budget process as it sets out the policy framework for the budget presented every February. pic.twitter.com/UHZbkmEG5Q
— Parliament of RSA (@ParliamentofRSA) October 30, 2024
Photo credit: Parliament of RSA, X
