Economist calls for Enoch Godongwana to resign
In a bold statement on an EFF podcast, an independent economist has urged for the resignation of the Finance Minister ahead ...
South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise ...
US snub to South Africa’s G-20 may be gift to BRICS nations
South African President Cyril Ramaphosa’s priority as Group of 20 president is overhauling the global institutions he sees as skewed in favor of the West.
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 ...
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Budget postponement shows division in SA unity government
THE cancellation of the Budget Speech, for the first time in almost 31 years of self-rule, highlights the cracks within the coalition at the helm of South Africa. It is the latest turbulence to derail ...
‘There is a problem’: SACP says Finance Minister Enoch Godongwana never consulted alliance partners on Budget
The SA Communist Party (SACP) says even though extensive negotiations and consultations were held with parties in the ...
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 ...
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South Africa postpones budget speech over tax impasse
South Africa on Wednesday indefinitely pushed back the coalition government's first national budget speech to parliament in a shock move following internal pressures over tax hikes.
South African rand slides after eleventh-hour national budget delay
South Africa's rand weakened on Wednesday after the national budget was postponed due to disagreements within the coalition ...
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 ...