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Cut spending and the budget will pass, Godongwana told ahead of speech
Finance Minister Enoch Godongwana faces mounting pressure to balance public demands for increased funding and a wealth tax while steering clear of austerity measures in the upcoming 2025 Budget.
Godongwana under pressure to maintain spending
Finance Minister Godongwana is under increasing pressure to avoid austerity measures in the upcoming 2025 budget, as economic challenges loom.
Godongwana under pressure to avoid austerity measures in the 2025 Budget
Finance Minister Enoch Godongwana faces mounting pressure to balance public demands for increased funding and a wealth tax while steering clear of austerity measures in the upcoming 2025 Budget.
Conflicting union responses over potential pension contribution pause at GEPF
South African labour unions are deeply divided over a government proposal to temporarily suspend employer contributions to the Government Employees Pension Fund (GEPF). While Cosatu supports the plan to address a R60 billion budget shortfall, other unions warn of long-term consequences for public servants' retirement security