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 ...
Economists say Treasury could increase Corporate Tax or just borrow more instead of proposed VAT hike
While the hike is suggested as a necessary measure to bolster the national budget, some experts argue there are other ...
EWN Sport19h
Ramaphosa defends Godongwana: 'No finance minister will just willy-nilly raise taxes'
President Ramaphosa said South Africans must become more economically conscious, aware and knowledgeable, adding that there ...
Budget Speech postponed
South Africa’s Minister of Finance, Enoch Godongwana, was meant to deliver his much anticipated 2025 Budget Speech in ...
EWN Sport17h
No back-up plan yet for potential loss of health care aid from US, says Treasury
Trump stopped foreign aid which in the last financial year contributed about R7 billion to South Africa’s HIV/Aids programmes.
biznews.com13h
🔒 SA’s Budget crisis proves the ANC needs its coalition partners
South Africa's budget delay highlights growing tensions in the coalition government, threatening fiscal stability and unity.
The South African on MSN12h
‘VAT gaan aan?’ : Nando’s pokes fun at 2% VAT increase fail
Nando's is adding their 'two cents' on the Minister of Finance's failure to implement a 2% VAT increase in his budget speech - for ...
Mail & Guardian13h
Editorial; What was the plan with the budget?
Finance Minister Enoch Godongwana said earlier in the day that he was braced for political and civil backlash. In the wake of the Democratic Alliance’s (DA) victory dance after the budget speech was ...
The Citizen17h
Trade unions reject the proposed 2% VAT increase
The unions say the proposed 2% VAT increase will hurt struggling workers, making basic goods more expensive while wages fail to keep up with inflation.
Hosted on MSN18h
SASSA grant budget postponement: What NOW?
Following the unprecedented SASSA grant budget postponement, vulnerable citizens are no closer to knowing how much their 2025 ...
The Citizen19h
Healthy Living Alliance pushes for sugar tax increase to combat non-communicable diseases ahead of the budget speech
HEALA argues that doubling the current sugar tax from 10% to 20% would help reduce sugar consumption and, in turn, lower the risk of NCDs. The World Health Organisation (WHO) has also recommended ...
The South African on MSN18h
Budget Speech: Government’s proposed old age grant increase
Finance Minister Enoch Godongwana was set to announce a massive old age grant increase during the 2025 National Budget Speech ...