Enoch Godongwana

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Business / Economics

Business Leadership SA says only way forward is to reduce state expenditure

BLSA CEO Busisiwe Mavuso at a press conference As South Africa awaits Finance Minister Enoch Godongwana’s re-tabling of the national budget on 21 May 2025, Business Leadership South Africa (BLSA) has urged the government to make bold economic decisions that stimulate growth and enable sustainable public spending. According to eNCA, BLSA CEO Busisiwe Mavuso said the government must show “political courage” by making difficult and potentially unpopular spending cuts, particularly […]

today6 May, 2025

South Africa

OUTA Urges SA Finance Minister to Tackle Corruption in Budget Speech

In S.A, the Organisation Undoing Tax Abuse urges Finance minister Enoch Godongwana to prioritise the fight against corruption and financial mismanagement in next week’s revised budget speech. The organisation criticised the government for failing to tackle wasteful spending and poor financial management, which could improve the national budget by 500-billion-rand annually. OUTA CEO Wayne Duvenage expects meaningful changes in the upcoming budget:  

today6 March, 2025

South Africa

South African Local Government Association Proposes Zero-VAT on Water and Electricity

South Africa's Local Government Association has proposed the zero-VAT-rating of essential items like water and electricity. SALGA's Sabelo Gwala says taxing luxury goods will increase government revenue, suggesting a staggered VAT approach. This comes ahead of Finance minister Enoch Godongwana’s revised budget next Wednesday following disagreements over a potential VAT increase. Gwala warns that a blanket VAT hike would have severe consequences:  

today5 March, 2025

Oshiwambo

Minister yemona Enoch Godongwana ota manitha o budget

O cabinet ka South Africa okati ominista yemona Enoch Godongwana okwa tegelelwa a manithe o budget omanga inaayi tulwa mopaalamende  mo 12 March. Shika osha landula emanitho lyoshigongi showina sha ningwa ohela,oku tala omagwedhelepo giilyo komikalo omihwepo dho Budget yo 2025-2026. O SABC oya lopota kutya shika osha landula oshigongi shilwe sha ningwa mo 24 Febuluali,moka omupresitend Cyril Ramaposa a tulapo ospan yoominista tayi kwatelwa komeho komupevi presitend Paul Mashantile […]

today4 March, 2025

Oshiwambo

Ominister yemona mo South Africa oya pumbwa oku longekidha o budget yili hwepo

O Free Market Foundation mo South Africa oyati okuundulila komeho oshopopiwa sho budget otashi pitika ominsta yemona Enoch Godongwana ethimbo opo a longekidhe o budget tayi opalele oonkalo dhopaliko dha palamena oshilongo. Oongundu mepangelo lyuukumwe wopashigwana odha tindi ethaneko lya minister oku ndjekapo o VAT noo % 2,noku etitha oshipopiwa sho budget shuundulilwe ko 12 March.

today20 February, 2025

South Africa

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 […]

today20 February, 2025

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:  

today20 February, 2025