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Godongwana pledges policy continuity

South Africa’s new finance minister pledged to pursue policy continuity and said he’s committed to the Treasury’s existing fiscal framework and spending restraint. In his first interaction with investors since being appointed to the post last week, Enoch Godongwana said that while his style may differ from that of his predecessor Tito Mboweni, his approach toward managing the nation’s finances will be similar.

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