President Cyril Ramaphosa says the unprecedented postponement of Finance Minister Enoch Godongwana’s budget speech on Wednesday, 19 February 2025, is “not a fatal fallout” for South Africa’s ...

The markets have not been unnerved by - and even welcome - much of what was contained in the proposed 2025 Budget.

Russian Foreign Minister Sergey Lavrov has arrived in South Africa for a two-day meeting of the Group of 20 nations, where ...

Government of National Unity prepares for crucial budget discussions as Finance Minister Enoch Godongwana aims to address tax ...

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The postponement of the budget speech, caused by ideological clashes within the GNU, highlights the impact of party politics on national decisions.

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

ANC secretary-general Fikile Mbalula has underscored the urgent need for South Africa to avoid further borrowing and deepening its debt crisis following the postponement of Wednes ...

Godongwana flagged plans to hike value-added tax, without saying it would raise the rate by two percentage points to 17%.

Business leaders and market analysts are scratching their heads as to how president Cyril Ramaphosa and his cabinet managed to let the 2025 Budget debacle get so far.

The unprecedented postponement was announced eight hours after the budget documents were distributed to journalists under ...