Since the dawn of democracy, South Africa’s nation has been at work to rebuild and reconstruct the country towards shaping its future. Whilst significant strides have been made since 1994, the triple challenges of unemployment, poverty and inequality remain. The ongoing impact of the Covid-19 pandemic on countries across the globe has had significant and unprecedented effects in terms of its wide-reaching repercussions from a policy perspective. Governments around the world are facing increasing risks and uncertainties as a result of the heightened uncertainty pertaining to emerging debt crises and thus, growing uncertainty in the capacity to implement reforms required for balanced and sustainable economic growth and development.