Latest News & Developments
ANC's National Working Committee pressures Ramaphosa to remove DA ministers who opposed the budget, with a special NEC meeting scheduled for Monday, while Zille warns such action would collapse the GNU.
Could South Africans be facing a financial crisis due to the government's failure to adjust tax brackets for inflation? Discover how the R85,000 'stealth tax' is impacting average salaries.
The ANC is in a tight spot as it seeks support for the 2025/26 national budget from BOSA, which has outlined specific conditions for its endorsement. Will these negotiations lead to a breakthrough?
How South African employees' anticipated salary increases in 2025 may not offset inflation and tax bracket creep, leaving many worse off.
MEC Finance and Economic Development, Lebogang Maile, announced that the Gauteng Department of Education has allocated R207 million in the 2025/26 financial year specifically for the PYEI, which targets the Teachers Assistant Programme.
South Africa faces a critical moment as Parliament debates the controversial budget proposal featuring a 0. 5% VAT increase. Political analysts warn that rejection could trigger a constitutional crisis, forcing early elections and disrupting essential government services. Here's what's at stake for every South African.
A simple and comprehensive guide to understanding Budget and the process from delivery to signing off.
South Africa's 2025 Budget Speech faces backlash as critics label the proposed VAT increase and unadjusted tax brackets as a betrayal to struggling households. What does this mean for the future of the economy?
Academic Awam Mavimbela reminds us about how the a VAT increase was likely to rub the youth of South Africa the wrong way, which could mean devastating consequences.
Amid budget cuts leading to job losses in education, Finance Minister Enoch Godongwana announces a R19. 1 billion allocation to retain teachers, addressing the challenges of high learner-teacher ratios and ensuring effective education in South Africa.
Explore how South Africa's proposed 16% VAT rate stacks up against global standards and what it means for consumers.
Finance Minister Enoch Godongwana's 2025 Budget promises significant investment in infrastructure, with R100 billion allocated for road maintenance.
ANCYL criticises the proposed VAT hike, warning it will disproportionately affect vulnerable communities and calls for urgent tax justice measures.
South Africa's 2025 budget brings significant changes to sin tax, with new regulations affecting both traditional cigarettes and vaping products.
With a looming health crisis over teen vaping in South Africa, Finance Minister Enoch Godongwana's proposed tax increase on vaping products may provide a solution.
Finance Minister Enoch Godongwana announces a VAT increase amidst declining revenues, sparking political reactions from the DA and EFF.
Although the fuel levy freeze is a step in the right direction, South African fuel still carries a relatively heavy tax burden.
The EFF has called for collaboration with the DA on budget amendments, specifically regarding the contentious VAT increase, while emphasising the need for job creation and economic growth. However, the DA's initial response suggests hesitancy towards this proposed alliance.
ANC secretary-general Fikile Mbalula has defended the party's meetings with Finance Minister Enoch Godongwana, amid growing tensions over the delayed budget speech and proposed VAT increases. While acknowledging discussions took place, Mbalula emphasised these were routine briefings rather than interference.
Finance Minister Enoch Godongwana's upcoming budget speech on 12 March raises concerns over potential tax hikes, with experts urging the government to focus on expenditure cuts instead.
Ahead of the budget speech on Wednesday, Finance minister Enoch Godogwana is facing fierce opposition to any VAT hike.
Finance Minister Godongwana faces a critical decision that could affect millions of South Africans: either increase VAT to 17% or reduce the R35 billion SRD grant programme. This challenging choice highlights the delicate balance between social welfare and economic sustainability.
Ahead of the budget speech on Wednesday, Finance minister Enoch Godogwana is facing fierce opposition to any VAT hike.
Political tension mounts as the Democratic Alliance strongly opposes a proposed 2% VAT increase, forcing Budget Speech postponement. Opposition parties suggest alternative funding methods including wealth tax and retirement fund adjustments, highlighting growing concerns over South Africa's economic stability.
The Budget was postponed because of a controversial 2% VAT increase. With Minister of Finance Enoch Godongwana set to give the speech next week, property experts say a VAT increase would hit hard.