Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...

JOHANNESBURG - While the Democratic Alliance (DA) has claimed it's rejected the value-added tax (VAT) increase because it ...

Godongwana, delivering the long-awaited 2025 Budget Speech today, said the VAT rate would increase by half a percentage point ...

Budget Speech 2025 sees VAT increase announced . Godongwana has announced that VAT, currently at 15%, will increase by half a percentage point in 2025/26 and another half a percen ...

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 ...

Finance minister Enoch Godongwana will deliver his speech at 14h00. This is where you can watch, and what to expect.

While the biggest debate from today’s Budget will no doubt centre around the VAT increase, the reality is that the Minister’s ...

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority ...

The South African Communist Party strongly opposes Finance Minister Godongwana's proposed VAT increases, arguing they will ...

South Africa's cabinet was still meeting on the 2025 budget less than one hour before the finance minister was due to present ...

The Democratic Alliance and Economic Freedom Fighters have both rejected Finance Minister Enoch Godongwana's budget speech, ...