Latest News & Developments
minister of finance
Godongwana's budget a litmus test for GNU, say analysts
With the Government of National Unity at a crossroads, Enoch Godongwana's upcoming budget presentation could reshape the political landscape.
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.
Teacher retrenchments: A reckless tactic by the finance minister
Careless utterances and thumb-suck estimates of 19 000 teacher retrenchments in KwaZulu-Natal alone clearly indicate that the minister’s intentions were meant to create anxiety and stress in the teaching fraternity and amongst parents.
Budget 2025 | Opposition united in fury over VAT hike and reform failures
South Africa's major opposition parties have launched a unified attack against Finance Minister Godongwana's 2025 budget, with the DA, EFF, and FF Plus forming an unprecedented alliance against the proposed VAT increases. Their resistance, coupled with concrete alternative proposals, signals a potential parliamentary showdown that could reshape the country's fiscal policy.