The parties remain divided over an increase in VAT, which the DA says South Africans cannot afford
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The stand-off between the two parties dates back to 19 February when DA leader John Steenhuisen made clear the party would not support a national budget that proposed a two percentage point increase in VAT
Last year, the finance minister hinted there would be tax increases in 2025
The country’s ports and rail systems are shambolic, but GNU and a pause in load-shedding have elicited some optimism
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The pause in load-shedding and government’s collaboration with business signals a positive shift, the delegation says
Economists incorrectly predicted a slight uptick in GDP
The Samancor Chrome case shows how ‘investor-friendly’ policy has allowed corporate plunder to the detriment of long-term development
Finance minister Enoch Godongwana forecast 1.8% growth over three years, coupled with a bigger deficit, as debt service costs crowd out fiscal space
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In this financial year’s budget, Parliament did not allocate funding for the South African Post Office, which is waiting for a R3.8 billion tranche
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The industry wants excise tax relief amid declining sales and economic strain
White maize prices are likely to be 30% higher, with yellow maize up by 20%
President Cyril Ramaphosa’s Operation Vulindlela is forging ahead with its next phase amid ongoing wrangling over positions in his executive
Earlier this year, the ratings agency warned that a significant increase in the government’s debt-to-GDP ratio could knock its credit rating