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Keynote address: The role of the National Treasury in moving the South African economy forward post COVID-19 (presentation)

Broadcast on Nov 24, 2020 from Livestream: Bonds, Loans & Sukuk Africa 2020 - Virtual Conference

Strategic Partner

National Treasury, Republic of South Africa

Platinum Sponsor

Absa

Platinum Sponsor

Africa Finance Corporation

Platinum Sponsor

Standard Bank

Gold Sponsor

African Export-Import Bank (Afrexim)

Gold Sponsor

MUFG

Gold Sponsor

SMBC

WAEMU Sponsor

Agence UMOA-Titres

Silver Sponsor

Development Bank of Southern Africa

Silver Sponsor

Emirates NBD

Silver Sponsor

Rand Merchant Bank (RMB)

Bronze Sponsor

African Trade Insurance Agency

Bronze Sponsor

Fitch Ratings

Bronze Sponsor

GCR Ratings

Bronze Sponsor

KFW DEG

Subscribe for access:

  • What measures have been put in place by the government to boost the South African economy in 2020-2021?
  • Effective sovereign debt and liquidity management: How much funding does the government need to support its economic recovery plan?

Speaker

Dondo Mogajane

Dondo Mogajane

Dondo Mogajane

Director General at National Treasury, Republic of South Africa

Mr. Mogajane joined National Treasury in 1999 as a Deputy Director and has worked in various areas including among others, the Intergovernmental Relations, Provincial Budget Analysis and the International Economic Relations divisions. Between 2007 and 2010, he represented South Africa at the Executive Board of the World Bank as senior advisor for Africa Group 1 countries.

Between 2010 and May 2014, he was appointed as the Chief of Staff in the Ministry of Finance and later as the acting Chief Operating Officer from May 2014 until May 2015. He subsequently was appointed Deputy Director-General responsible for the Public Finance division at National Treasury a position he occupied since June 2015.

Mr. Mogajane was appointed as the Director-General of the National Treasury on the 08th June 2018.

Prior to his appointment at the National Treasury, Mr. Mogajane was a Student Housing Manager and part-time lecturer at Durban Westville University. He was also lecturer in Public Management at Technikon SA and ML Sultan Technikon; and Deputy Director at Environmental and Development Agency Trust.

Mr. Mogajane has two honours degrees in Public Management and Human Resources and Industrial Relations obtained at the University of Durban Westville. He also completed a Master’s degree in Public Management at the University of Maryland (USA), a Management Advancement Programme at Wits Business School and a Programme in Budgeting and Public Financial Management at the Kennedy School of Government at Harvard University.

National Treasury, Republic of South Africa

Dondo Mogajane

The National Treasury is responsible for managing South Africa’s national government finances. Supporting efficient and sustainable public financial management is fundamental to the promotion of economic development, good governance, social progress and a rising standard of living for all South Africans. The Constitution of the Republic (Chapter 13) mandates the National Treasury to ensure transparency, accountability and sound financial controls in the management of public finances.

The National Treasury’s legislative mandate is also described in the Public Finance Management Act (Chapter 2). The National Treasury is mandated to promote government’s fiscal policy framework; to coordinate macroeconomic policy and intergovernmental financial relations; to manage the budget preparation process; to facilitate the Division of Revenue Act, which provides for an equitable distribution of nationally raised revenue between national, provincial and local government; and to monitor the implementation of provincial budgets.

As mandated by the executive and Parliament, the National Treasury will continue to support the optimal allocation and utilisation of financial resources in all spheres of government to reduce poverty and vulnerability among South Africa’s most marginalised.

Over the next 10 years National Treasury priorities include increasing investment in infrastructure and industrial capital; improving education and skills development to raise productivity; improving the regulation of markets and public entities; and fighting poverty and inequality through efficient public service delivery, expanded employment levels, income support and empowerment.

Strategic Partner

National Treasury, Republic of South Africa

Platinum Sponsors

Absa Africa Finance Corporation Standard Bank

Gold Sponsors

African Export-Import Bank (Afrexim) MUFG SMBC

WAEMU Sponsor

Agence UMOA-Titres

Silver Sponsors

Development Bank of Southern Africa Emirates NBD Rand Merchant Bank (RMB)

Bronze Sponsors

African Trade Insurance Agency Fitch Ratings GCR Ratings KFW DEG