South Africa Weighs Budget Changes

South Africa in ‘uncharted waters’ as budget splits coalition government
Spread This News BBC South Africa has entered uncharted waters following deep divisions in the coalition government over the national budget that has finally been tabled after a month-long delay. This is the view of analysts after Finance Minister Enoch Godongwana’s budget drew a backlash from various quarters,
The budget that will determine South Africa’s future
B udget announcements are rarely dramatic events in South Africa. But the statement on March 12th by Enoch Godongwana, the finance minister, could be the most consequential since the end of white rule in 1994.
Budget 2025 | Seven key focus areas every South African should watch
As Finance Minister Godongwana prepares to deliver the crucial 2025 Budget, Anchor Capital's Chief Economist reveals seven make-or-break focus areas that will shape South Africa's financial future - from corruption-fighting funding to social grant sustainability.
South Africa Weighs Budget Changes as Parties Reject Tax Hikes
South African Finance Minister Enoch Godongwana may have to make changes to the national budget after parties that control more than half the seats in parliament rejected his plans to raise taxes.
South Africa's budget may be tweaked further, finance minister says
South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a contentious plan to raise value-added tax, the country's finance minister told Reuters.
How South Africa’s proposed 16% VAT rate compares to other countries around the world | Budget 2025
Explore how South Africa's proposed 16% VAT rate stacks up against global standards and what it means for consumers.
South Africa revised budget sparks anger despite smaller tax hike
South Africa's finance minister unveiled Wednesday a budget with a smaller increase in value-added tax than previously proposed, but the move was still rejected by trade unions who say any rise in taxes that will have a negative impact on the country’s poorest is unacceptable.
South Africa's budget remains stuck as parties reject reduced VAT hike
A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...
The Citizen3d
PICTURES: MK party marches to Reserve Bank to protest VAT hike
Umkhonto We Sizwe Party (MKP) supporters march, 10 March 2025, in Pretoria, to the South African Reserve Bank, against the proposed VAT increase. The march follows a postponement of the national ...
EU announces $5B investment in South Africa as Trump threatens more tariffs on European products
European Union leaders have announced a 4.7 billion euro ($5.1 billion) investment package in South Africa to support green ...
South African rand jumps as gold high boosts commodity-backed currency
South Africa's rand gained on Friday due to record high gold prices that were driven by investors seeking safe haven assets ...
Washington Times17d
The U.S. is missing again as G20 finance chiefs meet in South Africa
PHOTOS: The US is missing again as G20 finance chiefs meet in South Africa The meeting “carries a weighty responsibility,” Ramaphosa said. “It needs to forge consensus on the actions we must ...