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ANC appoints new economic policy chief

ANC economic transformation committee head Zuko Godlimpi

ANC economic transformation committee head Zuko Godlimpi

Photo by Bloomberg

3rd March 2025

By: Bloomberg

  

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The African National Congress (ANC) has appointed Zuko Godlimpi as head of its economic transformation committee (ETC) in an overhaul of its internal structures.

The youngest member of the ANC’s top decision-making body, Godlimpi previously served as deputy on the panel to Mmamoloko Kubayi, who’s been removed as chairperson. ANC spokesperson Mahlengi Bhengu-Motsiri confirmed the change by phone.

Godlimpi, who serves as deputy minister of trade and industry in Cyril Ramaphosa’s administration, has been touted as a possible future finance minister. Enoch Godongwana, the current minister, previously served as chairperson of the economic transformation committee.

Kubayi was among ANC officials who last month opposed the National Treasury’s proposal to increase the value-added tax rate by two percentage points. That objection, along with opposition by the Democratic Alliance - the second-largest party in the nation’s ruling coalition — led to the postponement of the budget for the first time since apartheid ended in 1994.

Kubayi asked to be “moved out of the ETC” after her appointment to the justice department in December, her spokesman Terrence Manase said by phone on Monday.

Edited by Bloomberg

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