Former finance ministers call for fiscal funds to be found elsewhere
In a critical moment for South Africa's economic landscape, former Finance Ministers Nhlanhla Nene and Malusi Gigaba have ...
iafrica1h
South Africa’s VAT Increase Proposal: Balancing Revenue and Economic Impact
Finance Minister, Enoch Godongwana, proposed raising the value-added tax (VAT) from 15% to 17% to address a significant budget deficit. This proposal led to a cabinet rift, resulting in the ...
Coalition government’s budget delays highlight consultation failures
Political analysts attribute the postponement of South Africa’s 2025/26 budget to a lack of consultation among coalition ...
The Citizen2h
‘We are not scared of the DA’: Mashatile claims it was ANC MPs that wanted budget reassessed
“The are some people who say we did not pass the budget because we are scared of the DA. No, it is us, the ANC, who want to ...
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What Cyril Ramaphosa said in defence of Enoch Godongwana postponing budget speech
President Cyril Ramaphosa defended the Minister of Finance, Enoch Godongwana after the first GNU budget speech was postponed ...
Economist calls for Enoch Godongwana to resign
In a bold statement on an EFF podcast, an independent economist has urged for the resignation of the Finance Minister ahead ...
South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise ...
US snub to South Africa’s G-20 may be gift to BRICS nations
South African President Cyril Ramaphosa’s priority as Group of 20 president is overhauling the global institutions he sees as skewed in favor of the West.
South Africa Budget Unraveled After a Key Detail Was Kept Secret
South African Finance Minister Enoch Godongwana presented highlights of his upcoming budget to colleagues two weeks ago, but skipped a crucial detail to stop it from leaking — triggering a major ...
cajnewsafrica2d
Budget postponement shows division in SA unity government
THE cancellation of the Budget Speech, for the first time in almost 31 years of self-rule, highlights the cracks within the coalition at the helm of South Africa. It is the latest turbulence to derail ...
South Africa abruptly cancels budget speech over dispute in governing coalition
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a ...