SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000SARS 2026/2027LIVERepo Rate7.50%Prime Rate11.50%USD/ZAR~18.40VAT Rate15%UIF CeilingR17,712Tax ThresholdR99,000
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HomeMinister SalariesEnoch Godongwana
Finance · ANC

Enoch Godongwana

ANCR232 680/monthGrade B · Good

Enoch Godongwana serves as Finance minister (ANC) and earns R2 792 155 per year — about R232 680 per month, roughly 39.5× the national minimum wage — at DPSA salary grade Grade EC — Pay Level 1. On this tracker's performance scorecard, Enoch Godongwana is graded B (Good), a broadly positive assessment with room to improve. Across 3 tracked KPIs, the portfolio recorded 3 notable achievements and 2 documented failures, at a budget spend rate of 89%. Held fiscal line, reversed VAT hike, maintained credit rating. Debt-to-GDP stabilising.

Salary breakdown

Annual salary

R2 792 155

Monthly

R232 680

vs minimum wage

39.5× min wage

Salary gradeGrade EC — Pay Level 1
Appointed5 August 2021
Statusactive
Department budgetNational Treasury (Vote 11)
Official vehicleBMW X3 xDrive20d — purchased R786,710 (retail value R1,097,731)

Salary source — DPSA 2025 approved rates

https://www.treasury.gov.za

B

Performance Scorecard · Grade B (Good)

Reasonable value for R2.8m

Held fiscal line, reversed VAT hike, maintained credit rating. Debt-to-GDP stabilising.

Key Performance Indicators

Debt-to-GDP ratioOn track

Target

Stabilise below 75%

Actual

73.4% (2024/25)

officialBudget Review 2025
Revenue collection vs targetBehind

Target

R1.85 trillion

Actual

R1.83 trillion (98.9%)

officialSARS Annual Report 2025
Irregular expenditure reductionBehind

Target

25% year-on-year reduction

Actual

18% reduction achieved

officialAGSA PFMA 2023/24

Achievements

Reversed proposed VAT increase after political and public backlash

Maintained sovereign credit rating — no further downgrades

Debt-to-GDP trajectory stabilising for first time since 2015

Failures

Revenue collection fell 1.1% short of target

Irregular expenditure still above R30 billion across departments

Budget spend rate

89%

National Treasury Vote 11, 2024/25

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Salary figures from DPSA 2025 approved rates for office-bearers. Where a performance scorecard is shown, KPIs are drawn from official and media sources labelled per indicator. Independent public-accountability tool — not affiliated with any political party.