-
South Africa: Cabinet Concludes Engagements On Funding Budget Shortfall
SAnews.gov.za, 4 March 2025
The Minister of Finance Enoch Godongwana and National Treasury are set to finalise the budget and table it before Parliament next week on Wednesday, 12 March 2025. Read more »
-
South Africa: Cabinet Approves Reworked Budget
allAfrica, 4 March 2025
The 2025 budget has been approved after intense deliberations and was finalized following efforts by a team led by Deputy President Paul Mashatile, supported by the National… Read more »
-
South Africa: Government Continues Working for the People, Despite Budget Postponement
SAnews.gov.za, 24 February 2025
President Cyril Ramaphosa says the events of last week present an opportunity to raise the level of understanding among South Africans around the budget and what it means for them. Read more »
-
South Africa: The DA Stands Firm On Zero VAT Increases Regardless of Reckless ANC Gamble
DA, 2 March 2025
It is a shame that the ANC is willing to risk South Africa's economic stability in a desperate attempt to force a tone-deaf 0.75% VAT increase down the throats of South Africans. Read more »
-
South Africa: Citizens Outline Expectations for Budget 2025
SAnews.gov.za, 19 February 2025
Reducing red tape for business and tackling the funding gap for higher education are among the items on the wishlist of ordinary South Africans ahead of Finance Minister Enoch… Read more »
South Africa's Cabinet Gives Finance Minister Options for Budget
The Cabinet has completed its input into the 2025 Budget, which will be presented to MPs by Finance Minister Enoch Godongwana.
Ministers held a special meeting to discuss the Budget. for a second time after they rejected a reworked Budget without the 2% VAT increase. Godongwana was mandated by the Cabinet to select from their discussed options to fund the Budget to mitigate the impact on poor and middle-income households, and support economic growth.
The Budget speech was postponed in February due to disagreements on the proposed VAT increase among the parties in the Government of National Unity (GNU). Godongwana is now set to present the Budget to lawmakers on March 12.
InFocus
-
In an unprecedented move, the 2025 Budget Speech has been rescheduled for March 12, after initially being postponed due to disagreements within the Government of National Uni Read more »
