South Africa, budget

South African budget delay over VAT hike shows cracks in coalition
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 Budget Under Added Scrutiny Given Trump Aid Tensions
South Africa’s finance minister is under pressure to chart an economic course that navigates the hazards unleashed by Donald Trump’s trade war.
South Africa: Budget bust gives governing coalition a second chance
The postponement of South Africa’s national budget vote was as much about keeping the national coalition together as it was about the unity of the African National Congress, with the finance minister now going back to the drawing board.
South African rand slides after national budget postponed
South Africa's rand weakened on Wednesday, after the national budget was postponed until further notice due to disagreements within the coalition government. At 1402 GMT, the rand traded at 18.57 against the dollar,
South Africa Budget Unraveled After a Key Detail Was Kept Secret
South African Finance Minister Enoch Godongwana presented highlights of his upcoming budget to colleagues two weeks ago, but skipped a crucial detail to stop it from leaking — triggering a major fallout in the nation’s coalition government.
South Africa due to present pivotal budget
Africa's largest economy has faced a burgeoning debt and stagnating economy that threaten to derail the country's coalition government.
South African rand weakens ahead of budget speech
South Africa's rand edged lower on Tuesday against a buoyant dollar, ahead of a highly anticipated national budget speech.
South Africa postpones budget in 'unprecedented' step
The African National Congress and Democratic Alliance disagree over proposed VAT increases, casting doubt on the ruling coalition's ability to govern.
FxWirePro:USD/ZAR rises as South African rand weakens on budget delay
USD/ZAR strengthened on Wednesday as the South African rand weakened following the delay of the countrys budget announcement. South Africas national budget was postponed at the last minute on Wednesday due to
South African rand firms against dollar after US data, tariff plans
South Africa's rand strengthened against a weaker dollar on Thursday, as investors digested U.S. data and President Donald Trump's tariff plans. At 1509 GMT, the rand traded at 18.3975 against the dollar,
South Africa abruptly cancels budget speech over dispute in governing coalition
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a ...
South Africa's finance minister fails to unveil budget after tax row
South Africa's Finance Minister Enoch Godongwana has been forced to postpone the unveiling of the national budget following ...
The Citizen10h
Budget 2025: Was the decision to increase VAT by 2% such a bad idea?
Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...
businesstech.co.za20h
Good news for South Africa, and municipal maintenance disaster
Municipal maintenance disaster: As many as 64 municipalities are considered distressed by the Department of Cooperative ...
Daily Maverick on MSN13h
From confidence to chaos: the implications of South Africa’s unfolding Budget crisis
Budgets and finance and money and our entire economy are about confidence. Now that this has happened, the last remaining ...
South African rand partially recoups losses, with focus on G20 meeting
South Africa's rand firmed slightly in early trade on Thursday, recouping some of the previous session's losses as focus ...
Bizcommunity.com on MSN1d
Budget Speech clash: The elephant in the room
When Julius Malema, Commander-in-Chief of the Economic Freedom Fighters (EFF), remarked on 'speaking up for the ...
richest1d
BREAKING: Godongwana’s Budget Speech 2025 postponed at 11th hour
The different political parties in the GNU allegedly couldn't agree on a some issues within the Budget Speech, leading to a ...