Cheryl-Jane Kujenga, Chief Finance and Technology Officer, BCX The 2025 National Budget Speech , delivered by Finance Minister Enoch Godongwana, marks a defining moment for South Africa’s economy. We find ourselves at a crossroads—grappling with the balance between fiscal discipline and the urgent need for investment in growth sectors. With GDP growth expected to average 1.8% over the next three years, the budget reflects the structural challenges hindering economic expansion. Yet, it also highlights a critical pathway forward: the transformative power of digital innovation. From an Information and Communication Technology (ICT) perspective, the budget outlines strategic investments designed to strengthen South Africa’s digital infrastructure, enhance cybersecurity, and fuel innovation. These measures are not just about modernization; they are essential to positioning businesses and public institutions for long-term resilience and global competitiveness. However, this moment demands more than investment alone. Businesses must pivot towards an efficiency-driven, tech-enabled model to ensure financial sustainability while seizing the opportunities these initiatives present. We’ve championed the need for companies to adopt agile, technology-forward strategies to improve efficiency and responsiveness. This approach has been integral in navigating the changing economic landscape, driving profitability while creating more resilient, future-ready organisations. The steps outlined in the 2025 […]