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finance minister
Budget 3. 0: reactions highlight hope and concerns for South Africa’s economy
While the reversal of the VAT hike provides relief to citizens facing mounting living costs, the introduction of fuel levy increases has raised concerns about the impact on household budgets amidst an already challenging economic landscape.
Budget 3. 0 sparks political divide: Praise from unity government, fierce rejection from opposition
Key takeaways from the Minister Enoch Godongwana’s budget speech included Value-Added Tax (VAT) remaining at 15%.
South Africa's Finance Minister assures no austerity measures in new budget
Finance Minister Enoch Godongwane reassures South Africans that the newly tabled budget will not lead to austerity measures, focusing instead on expansion and social welfare
Eina! Motorists to feel the pinch as Finance Minister notes increase in fuel levy
Motorists are set to feel the pinch following the presentation of the National Budget.
Political parties urge Godongwana to deliver a pro-poor budget
As Finance Minister Enoch Godongwana prepares to present the national budget, opposition parties demand a focus on jobs and essential services for South Africans
Give us the farms: Malema demands the land abandoned by Afrikaners who fled to the US
EFF Leader, Julius Malema cast doubt on the claim that the 49 individuals were legitimate farmers. “Nothing about them looked like farmers—they looked like car guards”.
Julius Malema calls for change in economic planning ahead of budget speech
EFF leader Julius Malema is skeptical about Finance Minister Enoch Godongwana's upcoming budget speech, advocating for a change in economic planning and also calling for an end to data expiry dates for consumers.
Malema criticises Finance Minister's upcoming budget speech
EFF leader Julius Malema is skeptical about Finance Minister Enoch Godongwana's upcoming budget speech, advocating for a change in economic planning and also calling for an end to data expiry dates for consumers.
Godongwana rejects wealth tax as 'Dangerous Gamble'—warns of capital flight and economic fallout
Finance Minister Godongwana will deliver his revised national budget on May 21. This is the third one this year.
Ramaphosa defends Godongwana amid budget challenges
President Cyril Ramaphosa defends Finance Minister Enoch Godongwana, asserting that lessons from the recent budget impasse do not necessitate his resignation, as political pressure mounts from opposition parties.
Ramaphosa backs Godongwana after VAT u-turn: ‘No resignation, lessons learned'
President Cyril Ramaphosa defended Finance Minister Enoch Godongwana and indicated that he will keep his job.
Market welcomes Budget 3. 0 as finally resolving the VAT impasse
With the rand gaining strength and a new budget on the horizon, can Budget 3. 0 finally settle the VAT debate in South Africa?
DA to Malema - 'You can’t pin VAT issue on us'
The DA has rubbished the EFF's accusation that it was to blame for the chaos around the Ntional Budget which was halted by the Western Cape High Court.
MK Party calls for Finance Minister Godongwana's resignation amid economic turmoil
The MK Party escalates calls for Finance Minister Enoch Godongwana's resignation by tabling a motion of no confidence in Parliament, citing fiscal mismanagement amid South Africa's deepening economic crisis.
ANC needs EFF to survive - Malema
EFF leader Julius Malema said the ANC will run to his party for support when a motion of no confidence is tabled against President Cyril Ramaphosa.
'South Africans matter’: ANC's response to DA during budget discussions
Amid escalating tensions, the ANC and DA convene in Johannesburg to address critical budget issues and the future of the Government of National Unity.
Zille claims secret VAT deal with Godongwana - but offers zero proof: ‘Wait and see if I’m lying’
DA federal council chairperson, Helen Zille, called on the finance minister’s legal team to publicly state that they have approached them for out-of-court settlement on VAT.
VAT hike scrapped! ANC, ActionSA to deliver details on how it was done
The ANC has strategically left out the two GNU parties, the DA and the FF+, who had opposed the budget.
Just In: Finance Minister Enoch Godongwana scraps VAT hike
Finance Minister Enoch Godogwana is expected to introduce a revised version of the budget without VAT within the next few weeks.
ANC's Fikile Mbalula hints imminent announcement regarding VAT budget decision
Anticipation builds as ANC prepares to unveil a significant decision on the contentious VAT increase, amidst ongoing political negotiations and legal challenges to the 2025 Budget.
EFF’s Omphile Maotwe advocates for 'apartheid tax' to safeguard vulnerable families from VAT hike
Amid rising tensions over fiscal policy, EFF Treasurer-General Omphile Maotwe calls for an 'Apartheid tax' on inherited wealth, arguing it is a fairer solution than the proposed VAT hike that disproportionately affects the poor.
Court battle under way over VAT hike: DA's stance on fiscal policy
The Democratic Alliance is in court taking legal action against the government's proposed 0. 5% VAT increase, arguing it will disproportionately affect the poor and vulnerable.
DA leadership to join supporters at VAT hike court hearing on Tuesday
The Democratic Alliance (DA) had previously written a letter to President Cyril Ramaphosa, accepting the VAT increase but only if the ANC scrapped the Expropriation Act.
Prepare for higher costs: VAT increase confirmed by Finance Minister Godogwana for May 1
Finance Minister Enoch Godogwana announces a VAT hike effective May 1, citing severe financial consequences if not implemented.
Finance Minister Enoch Godogwana confirms VAT hike set for May 1
Finance Minister Enoch Godogwana announces a VAT hike effective May 1, citing severe financial consequences if not implemented