South Africa's finance minister fails to unveil budget

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 dispute among parties in the governing 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 over raising value-added tax, an unprecedented delay that caused the rand and government bonds to fall.
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 sharp disagreements within the coalition government.
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’s Budget delay not a crisis, Ramaphosa says
The unprecedented delay in the presentation of South Africa’s budget shouldn’t be seen as a crisis and wouldn’t derail the country’s 10-party ruling alliance, President Cyril Ramaphosa said.
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 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 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 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.
South Africa’s budget postponed for first time after cabinet rift
Officials say pro-business Democratic Alliance and senior figures in African National Congress objected to VAT rise
South African budget postponed as coalition partners disagree
South Africa's national budget was postponed at the last minute on Wednesday because of a disagreement between the political parties in the ruling coalition government. The speaker of the National Assembly,
Budget 2025 | How the proposed VAT hike threatens rural pensioners' survival
Rural pensioners surviving on R2,190 monthly grants warn that Treasury's proposed 2% VAT increase would devastate their already stretched budgets, forcing impossible choices between food, medicine and ...
South African rand stable after volatile week
South Africa's rand was stable on Friday after a volatile week in which it weakened over the last-minute postponement of the ...
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Finding the money to change South Africa’s trajectory
South Africa’s upcoming national budget will be closely scrutinised, with analysts focusing on, amongst others, the debt-to-GDP ratio, government spending and the risks that could lead to further ...
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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 ...
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 ...
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Good news for petrol prices in South Africa comes with a big catch
Finance minister Enoch Godongwana leaked Budget Speech shows that he wanted to give drivers some relief. But now the plans ...
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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 ...
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 ...