The Democratic Alliance (DA) has suffered a significant defeat in its fight against the controversial VAT hike proposed in the 2025 Budget. The African National Congress...
The African National Congress (ANC) has secured majority approval in the Standing Committee on Finance to adopt the 2025 budget framework, despite strong opposition from the...
Finance Minister Enoch Godongwana unveiled South Africa’s 2025 budget with an important announcement for social grant recipients. The government is increasing social grant spending by 5.9%,...
South African motorists received a welcome surprise in the 2025 national budget when Finance Minister Enoch Godongwana confirmed that fuel levy hikes would be frozen for...
Finance Minister Enoch Godongwana is set to deliver the revised 2025 Budget Speech on Wednesday, 12 March, at 14h00. This highly anticipated address comes after the...
South Africa is on edge as the uMkhonto weSizwe (MK) Party has threatened nationwide protests if the revised budget, set to be presented on Wednesday, 12...
South African consumers hoping for further interest rate cuts this month may be disappointed. Increased uncertainty over rate cuts in the US and the likelihood of...
Finance Minister Enoch Godongwana has stated that a tax increase would not be necessary if the Covid-19 Social Relief of Distress (SRD) grant were discontinued. He...
South Africa’s 2025 budget, set to be delivered on March 12, arrives under unprecedented financial pressure. The delay in the budget announcement last month already signaled...
As South Africa’s government scrambles to find additional revenue to fund the 2025 budget, economists are sounding the alarm: further tax hikes could push the country’s...