South Africa's rand weakened on Wednesday, after the national budget was postponed until further notice due to disagreements ...

Disagreement over a 2% VAT hike within the ruling coalition sees parliament postpone the National Budget Vote at the eleventh ...

A 2% increase on the VAT would have raised the VAT to 17%, however, the proposal was widely rejected during an emergency ...

DA Federal leader John Steenhuisen says that the delay of the 2025 National Budget points to a ‘new normal’ for South Africa.

Presidency Minister and Cabinet spokesperson Khumbhudzo Ntshavheni denied claims that the budget was moved to March because ...

Economic Freedom Fighters leader Julius Malema said the postponement of the 2025 Budget speech rendered Parliament “useless”, ...

Political parties have expressed their frustration after the highly anticipated budget speech was postponed due to ongoing disagreements within the government of national unity (GNU). Finance Minister ...

Finance Minister Enoch Godongwana was scheduled to deliver his speech on Wednesday afternoon, but he’ll now have to deliver ...

President Cyril Ramaphosa has called an emergency Cabinet meeting on Wednesday afternoon after the DA told Finance Minister ...

The government is scrambling for extra revenue to keep a lid on South Africa’s growing debt burden while continuing to fund ...

The Democratic Alliance (DA) in South Africa has delayed the 2025 budget announcement due to their strong opposition to the proposed 2% increase in value-added tax (VAT) by the ruling African National ...

The delay of South Africa’s 2025 Budget Speech raises concerns over a proposed VAT increase, potentially impacting households ...