South Africa abruptly cancels budget speech

South Africa abruptly cancels budget speech as governing parties dispute the details
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalition
South Africa’s DA Leader to Brief Media After Budget Speech
The leader of the Democratic Alliance, the second-largest party in South Africa’s coalition government, will brief the media about its stance on the budget process amid reports the Treasury is about to raise taxes.
Budget: VAT increase would be carried by the poorest of the poor in South Africa
The announcement of Finance Minister Enoch Godongwana’s postponement of the Budget Speech on Wednesday sent shockwaves throughout the nation.This comes after a disagreement between parties within the Government of National Unity (GNU) on the proposals within the Budget.
South African budget delay over VAT hike shows cracks in coalition
Mtambo CAPE TOWN (Reuters) - South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed over raising value-added tax, an unprecedented delay that caused the rand and government bonds to fall.
South Africa’s budget postponed for first time after cabinet rift
Officials say pro-business Democratic Alliance and senior figures in African National Congress objected to VAT rise
South Africa abruptly cancels budget speech amid dispute among coalition
Parliament’s Speaker said it was the first time the presentation had been cancelled over such a disagreement since the end of apartheid.
South African budget postponed as coalition partners disagree
South Africa's national budget was postponed at the last minute on Wednesday because of a disagreement between the political parties in the ruling coalition government. The speaker of the National Assembly,
South Africa postpones budget speech over tax impasse
South Africa on Wednesday pushed back the coalition government's first national budget speech to parliament in a shock move following internal pressures over tax hikes. After ruling South Africa alone since the end of apartheid in 1994,
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Minister of Finance to deliver 2025 Budget Speech
All eyes will be on Finance Minister Enoch Godongwana on Wednesday afternoon, when he delivers the 2025 Budget Speech in Parliament, Cape Town.
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S. Africa’s Ramaphosa Calls Urgent Cabinet Meeting over budget
South African President Cyril Ramaphosa has called an emergency cabinet meeting after the Democratic Alliance threatened not to support today’s budget statement by Finance Minister Enoch Godongwana ...
This is why Treasury wants 2% VAT increase | Budget 2025
A 2% increase on the VAT would have raised the VAT to 17%, however, the proposal was widely rejected during an emergency ...
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