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South Africa, budget

South African budget delay over VAT hike shows cracks in coalition

South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed over raising value-added tax, an unprecedented delay that caused the rand and government bonds to fall.

Associated Press on MSN · 2d

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 dispute among parties in the governing coalition.

Bloomberg on MSN · 2d

South Africa Budget Under Added Scrutiny Given Trump Aid Tensions

South Africa’s finance minister is under pressure to chart an economic course that navigates the hazards unleashed by Donald Trump’s trade war.

2don MSN

South Africa's finance minister fails to unveil budget after tax row

South Africa's Finance Minister Enoch Godongwana has been forced to postpone the unveiling of the national budget following ...

23hon MSN

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 ...

1don MSN

Diverging views to tackle tax shortfall create friction in South Africa’s fiscal policy

Kelly Wright, a partner at global advisory firm Bowmans, said there was an issue with the legislation and the administrative process involved.

businesstech.co.za2d

Good news for petrol prices in South Africa comes with a big catch

Finance minister Enoch Godongwana leaked Budget Speech shows that he wanted to give drivers some relief. But now the plans ...

2025 Budget Speech: SACP rejects idea of VAT increase

JOHANNESBURG - The South African Communist Party (SACP) has outright rejected the idea of a value-added tax (VAT) increase in ...

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