Budget 2025
latest news & developments
DA to support departmental budgets after Nobuhle Nkabane’s axing
The Democratic Alliance had threatened to withhold its vote unless President Cyril Ramaphosa fired the errant higher education minister
Budget 3.0 tentatively accepted by some political parties
The EFF criticises it as ‘unimaginative’ and not benefiting poorer South Africans, while the DA calls it a step towards ending ‘unchecked government spending’
EFF pushes its alternative budget, demands reform
The party has proposed a R512.8bn revenue strategy and refuses to agree to a VAT increase
Budget scrapes through the National Assembly after DA revolt
The Democratic Alliance now plans to challenge the fiscal framework in court, further raising the tension around its future in the ruling coalition
Budget: Finance committees approve fiscal framework at 11th hour
The agreement came thanks to a lifeline ActionSA threw the ANC
No bailouts for struggling parastatals such as Eskom, Transnet, treasury insists
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances
No allocations for Pepfar in health budget
The recent termination of USAid to HIV/Aids and TB organisations in South Africa was a bone of contention in the 2025 budget
WATCH LIVE: Godongwana delivers Budget Speech
Finance Minister Enoch Godongwana is expected to deliver the budget speech after it was postponed last month due to a lack of consensus among cabinet ministers in the government…
Budget deadlock threatens governance stability, small parties warn
Members of the government of national unity and opposition parties have raised concerns that the ongoing impasse between the ANC and DA could trigger the need for fresh elections
Rising debt, inefficiencies are draining South Africa’s fiscus, finance committees say
The chairs of parliament’s finance committees say the country is on a fiscal cliff and the minister has to make difficult choices in his budget this week
R60bn shortfall: How the treasury can rethink its economic strategy
The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation
Cabinet invokes Public Finance Management Act to justify historic budget delay
Minister in the Presidency Khumbudzo Ntshavhenini said the postponement was necessary to address funding challenges within a constrained fiscal environment
Tax Bracket Over-inflation: How the treasury is forfeiting R198bn a year
Tax bracket over-inflation has led to income inequality and less money for essential services
Budget postponed to March in unprecedented move
The unprecedented step came after cabinet failed to agree on the tax measures Finance Minister Enoch Godongwana proposed
Parties warn Godongwana against tax hikes ahead of budget speech
Last year, the finance minister hinted there would be tax increases in 2025