VAT Hike Proposal Stalls Budget Approval Amid ANC and DA Disagreements

The ANC has identified the proposed VAT increase as the primary issue causing tension in ongoing budget negotiations. The finance minister’s budget proposal includes a one-percentage-point VAT hike over two years, but the Democratic Alliance (DA), the ANC’s largest partner in the Government of National Unity (GNU), has firmly opposed the increase unless accompanied by … Continue reading VAT Hike Proposal Stalls Budget Approval Amid ANC and DA Disagreements