Reworked Budget Rejected Again Despite VAT Increase Removal

A special Cabinet meeting convened by President Cyril Ramaphosa has once again rejected the reworked national budget, even after the removal of the controversial 2% VAT increase. Ramaphosa called the emergency meeting on Monday to discuss the country’s budget uncertainty. However, after Finance Minister Enoch Godongwana presented his revised proposal, it was dismissed for failing … Continue reading Reworked Budget Rejected Again Despite VAT Increase Removal