The South African government is under fire for its financial mismanagement, with economist Dawie Roodt revealing that it destroys approximately R192 billion annually by borrowing long-term...
Finance Minister Enoch Godongwana’s announcement of a VAT increase from 15% to 15.5% has sparked widespread concern, particularly among low-income households. Effective May 2025 (pending parliamentary...
South African taxpayers received some relief with the revised 2025 Budget, tabled by Finance Minister Enoch Godongwana on 12 March 2025. While the initial budget proposed...
Finance Minister Enoch Godongwana has cast doubt on South Africa’s ability to fund the National Health Insurance (NHI) scheme, suggesting that even Health Minister Aaron Motsoaledi...
South Africa’s proposed increase in the Value-Added Tax (VAT) rate from 15% to 16% has sparked widespread debate and opposition. Finance Minister Enoch Godongwana announced the...
South Africa’s Finance Minister, Enoch Godongwana, unveiled the country’s revised 2025 budget on Wednesday, announcing a smaller-than-planned value-added tax (VAT) increase. However, the decision has been...
DA leader John Steenhuisen has declared that his party will not support the national budget or any increase in Value Added Tax (VAT) unless such measures...
South Africa’s 2025 budget is hanging in the balance as political infighting within the Government of National Unity (GNU) threatens to derail its approval. Finance Minister...
Finance Minister Enoch Godongwana delivered the highly anticipated 2025 Budget Speech, outlining a bold and pragmatic approach to addressing South Africa’s economic challenges. The speech, delivered...
In a significant move for South Africa’s public sector, Finance Minister Enoch Godongwana has confirmed a 5.5% annual pay rise for government workers over the next...