The South African on MSN35mOpinion
Budget Speech 2025: VAT hike sparks public outrage
For the first time in 30 years, South Africa’s Budget process has been anything but smooth sailing. A divided Government of ...
While the macroeconomic outlook remains uncertain, there are some positive signals for the SME sector in South Africa. These ...
The DA, the second largest party in the GNU has already indicated that they would not support the current budget in its ...
Agricultural role players have raised several concerns in response to the recently tabled budget, which was announced by ...
Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...
The decision to hike VAT instead of increasing the Health Promotion Levy flies in the face of scientific evidence.
It said the social grant spending made up 81% of the allocation and that the number of social grant beneficiaries, excluding ...
Finance Minister Enoch Godongwana cannot escape the VAT chaos, with the 2025 budget being left to a high-stakes numbers game in Parliament that the minister might not win.
Some political brinkmanship is probably about to be played out, despite all the seemingly high-minded objections to the VAT hike.
South Africa’s budget may be tweaked further as more talks between political parties will try to overcome differences over a contentious plan to raise value-added tax, the country’s finance minister ...
All social grants, barring the Social Relief of Distress (SRD) grant, are expected to increase from April this year.
However, the 0.5% VAT increase, alongside other changes to help fund government spending, will still have an impact on consumer spending. For example, failing to increase medical tax credits is likely ...