budget delay

BOSA in S.A says Budget Delay Shows Chaos in Unity Government

Build One South Africa says the postponement of Finance minister Enoch Godongwana’s budget speech on Wednesday, demonstrated the chaos within the government of national unity. The budget was postponed for the first time since 1994 after cabinet members pushed back against a proposed two-percent value-added-tax hike. BOSA’s spokesperson, Roger Solomons, says the government has put the economy in jeopardy and transparency and clarity are now needed: Meanwhile, the unprecedented […]

February 20, 2025 51

South Africa

S.A’s Presidency Minister Dismisses Budget Clash as ANC-DA Battle

S.A's minister in the Presidency Khumbudzo Ntshavheni has dismissed claims that budget disagreements are a battle between the DA and ANC. She said the decision to postpone the budget to 12 March was made by the cabinet as a whole, not by individual parties and that even ANC ministers had differing views on the proposed VAT increase:

February 20, 2025 40

South Africa

In S.A, Minister of Finance will table 2025 budget on 12 March

South Africa's Minister of Finance Enoch Godongwana has confirmed that the 2025 budget will be tabled on 12 March, following additional deliberations within the cabinet. The budget speech was initially set for yesterday, but government decided to delay it to allow further discussions. Godongwana told the media the delay is in line with the Public Finance Management Act, which allows for a postponed presentation in exceptional circumstances:

February 20, 2025 36