Latest News & Developments
2025 fiscal framework
Third time’s the charm: Godongwana’s 2025 budget finally approved
The 2025 National Budget has finally been approved following the adoption of the fiscal framework.
COSATU warns legal challenges to VAT increase could lead to severe fiscal consequences for South Africa
The Congress of South African Trade Unions (COSATU) has expressed concern over the Democratic Alliance (DA) and Economic Freedom Fighters (EFF) challenging the VAT increase in court, warning that such actions could destabilise South Africa's fiscal systems. COSATU's Parliamentary Coordinator, Matthew Parks, argues that legal challenge is inappropriate and may lead to a crisis.
DA won't exit Government of National Unity over VAT controversy, Zille confirms
Helen Zille has confirmed the Democratic Alliance will remain within the Government of National Unity despite opposing the controversial VAT increase.
ANC highlights progress in talks with FF Plus and DA amid VAT disputes
The ANC says it is committed to fostering dialogue with opposition parties FF Plus and DA to address pressing fiscal challenges, including the controversial VAT increase.
ANC highlights progress in talks with FF Plus and DA amid VAT disputes
The ANC says it is committed to fostering dialogue with opposition parties FF Plus and DA to address pressing fiscal challenges, including the controversial VAT increase.
IFP calls for urgent revenue solutions following VAT increase
The IFP urges the government to seek alternative revenue solutions to alleviate the burden of the VAT increase on South African consumers, following a significant meeting with the ANC to address the ongoing budget impasse.
Paul Mashatile outlines ANC's strategy to strengthen the GNU
Discover how Deputy President Paul Mashatile's plans to reconfigure the Government of National Unity aim to address South Africa's pressing issues amidst ongoing fiscal disputes.
Constitutional crisis looms as EFF takes Parliament to court over 2025 Fiscal Framework
The Economic Freedom Fighters (EFF) has filed a legal challenge in the Western Cape High Court against the adoption of the 2025 Fiscal Framework, arguing it undermines democratic integrity and could lead to higher living costs for South Africans.
2025 Budget | A blueprint for uplifting South Africans and revitalising economic recovery, says Cyril Ramaphosa
President Cyril Ramaphosa outlines the 2025 Budget as a crucial tool for driving development, reducing poverty, and fostering inclusive growth in South Africa, amidst economic constraints.