in Pretoria

1 month ago | theafricareport.com | Carien Du Plessis |in Pretoria

Finance Minister Enoch Godongwana on Wednesday tabled his budget for South Africa‘s 2025/26 financial year, a month after it was postponed following a fallout with the ANC’s biggest coalition partner, the DA, over value-added tax hikes. Here are our 10 takeaways from the minister’s budget. 1. VAT raiseGodongwana persisted with a proposal to raise value-added tax (VAT) after a disagreement about this issue forced a postponement of his budget speech a month ago.