It's not clear if the Cabinet approved 2025 budget includes the ANC's proposed 0.75 to one percentage point VAT increase.
It’s not clear if the Cabinet approved 2025 budget includes the ANC’s proposed 0.75 to one percentage point VAT increase.The Cabinet held a special meeting on Monday, 3 March, to consider inputs by members of the Cabinet into best possible options, under the circumstances, to fund the budget and the medium term.
In contrast, Democratic Alliance leader John Steenhuisen took to X to inform South Africans that no agreement has been reached yet. Ahead of Monday’s meeting, Burke said the Blue Party refuses to be held hostage or intimidated by the ANC’s blatant threat to approach the EFF which is not part of the GNU to pass the budget.Subscribe
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IT’S ON: Cabinet approves 2025 budget after deliberationsThe Minister of Finance Enoch Godongwana and National Treasury are set to finalise the budget and table it before Parliament next Wednesday.
Read more »
LEAKED doc confirms ANC planned 2025 Basic Income GrantHas the GNU just killed off the 2025 Basic Income Grant by pushing back on National Treasury's proposed 2% VAT increase?
Read more »
New Volkswagen Golf 1.4 Arrives in South Africa in 2025Volkswagen Group Africa has confirmed the launch of the refreshed Golf 1.4, known as the Golf 8.5, in South Africa during the first quarter of 2025. This model features a redesigned front end, illuminated Volkswagen logo, and new LED headlights, including the IQ.LIGHT LED matrix headlights with a high-performance main beam. The Golf 1.4 will be available in four equipment lines: Life, Life +, R-Line, and R-Line +, all powered by a 1.4-liter 110kW engine paired with an 8-speed tiptronic transmission.
Read more »
Sona 2025: A New Political Landscape and Uncertain PredictionsAs President Cyril Ramaphosa delivers his State of the Nation Address (Sona) 2025 amidst a newly formed Government of National Unity (GNU), political experts offer diverging perspectives on the key themes and potential outcomes. Some anticipate a more inclusive approach reflecting the diverse viewpoints within the coalition, while others view it as a desperate attempt to shore up the declining influence of the ANC.
Read more »
Sona 2025: A New Political Climate and ExpectationsPresident Cyril Ramaphosa will deliver the State of the Nation Address (Sona) 2025 in a new political climate following the formation of the Government of National Unity (GNU) after the 2024 national elections. Political experts anticipate a more inclusive approach reflecting the views of various political parties. Land reform, unemployment, and corruption are expected to be key themes. However, some experts predict that Ramaphosa may avoid acknowledging government shortcomings and downplay controversies.
Read more »
All-new, Ford-based Volkswagen Kombi confirmed for South Africa in 2025There’s a new Volkswagen Transporter on the horizon and like the latest Amarok, it has Ford DNA.
Read more »