Latest News & Developments
Fikile Mbalula labels the DA's refusal to support the 2025 National Budget as 'arrogant and disrespectful', igniting tensions within the Government of National Unity. What does this mean for the DA's future role?
South Africa's Standing Committee on Finance is set to vote on the fiscal framework, potentially deciding the fate of Finance Minister Godongwana's proposed VAT increase and testing the fragility of the Government of National Unity. Economic experts warn of various potential outcomes and their implications for the country's financial markets and economic stability.
The MK Party has strongly condemned the National Treasury's proposed 0. 5% VAT increase, calling it a 'cruel and calculated attack' on the working class. As parliamentary tension rises over the budget vote, MK Party representatives have vowed to reject any form of VAT increase and warned of potential election manipulation through digital IDs.