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South Africa’s 2025 budget is under scrutiny as lawmakers evaluate a proposed VAT increase amidst political divisions. Following its initial rejection, Finance Minister Godongwana seeks to secure support for the …
Scrutiny of South Africa’s Budget and VAT Hike Proposal Ahead of Key Deadlines Read More
South Africa’s 2025 budget proposal faces scrutiny as lawmakers consider a contentious VAT increase. Finance Minister Enoch Godongwana’s earlier budget was rejected, placing pressure on the ANC to secure support. …
South Africa’s Budget Scrutiny and Planned VAT Increase: What Lies Ahead Read More
The National Budget Speech by Finance Minister Enoch Godongwana emphasized the importance of tax compliance for South Africa’s fiscal health. Key investments in SARS and adjustments to VAT rates were …
Navigating South Africa’s Tax Compliance Amidst the National Budget Read More
South Africa’s 2025 budget, tabled by Finance Minister Enoch Godongwana, faces significant backlash from coalition partners, particularly the Democratic Alliance. The delay in presentation was prompted by intense opposition to …
Challenges Arise for South Africa’s Budget as Coalition Faces Rifts Read More
South Africa’s Finance Minister Enoch Godongwana indicated the possibility of further budget amendments amid disputes over a proposed VAT increase. Major parties oppose the scaled-back plan, complicating the ANC’s efforts …
Potential Amendments to South Africa’s Budget Amid Political Disagreements Read More
South Africa plans to raise VAT to 16% within two years to support vital services, with incremental increases starting on 1 May 2025. Finance Minister Godongwana highlighted the necessity of …
South Africa to Increase VAT to 16%: Key Points from the Budget Announcement Read More
South Africa’s Finance Minister Enoch Godongwana highlighted potential budget adjustments following discussions on a reduced VAT increase. The ANC seeks support from other parties amid strong opposition, particularly from the …
Potential Tweaks to South Africa’s Budget as Political Talks Continue Read More
South Africa’s Finance Minister Enoch Godongwana revealed a revised budget proposing a staggered VAT increase to 16%, causing significant backlash from key opposition, particularly the Democratic Alliance. The budget aims …
South Africa’s Revised Budget Faces Strong Opposition Despite VAT Reduction Read More
South Africa plans to invest over 1 trillion rand (54.5 billion USD) in infrastructure over the next three years to stimulate economic growth. The focus will be on transport, energy, …
South Africa Announces 54 Billion USD Infrastructure Investment Plan Read More
Finance Minister Enoch Godongwana proposed a VAT increase raising it from 15% to 16% by 2026, sparking backlash from opposition leaders like Julius Malema and John Hlophe. They argue it …
Proposed VAT Increase Continues to Mar South Africa’s Budget Process Read More