Fiscal Framework

A credible budget in 2026 cannot be based solely on spreadsheets. It must rebalance power and investment toward the local economies that sustain the majority of South Africans.

Godongwana promises fiscal prudence in his new budget but the growth forecast may change

The Democratic Alliance has claimed credit for the about-turn by the treasury on the tax, saying its legal team had presented a strong case against the flawed parliamentary…

Amending his proposal at this stage would force more borrowing, the minister warned in papers filed in response to the DA

The Economic Freedom Fighters say the ANC only holds discussions with them during times of political crisis

The parties remain divided over an increase in VAT, which the DA says South Africans cannot afford

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…

Secretary general Fikile Mbalula challenged the Democratic Alliance to either support the government of national unity or make its exit official, as tension rises over the budget

Both parties are mindful of the magnitude of a split as South Africa faces more economic turmoil

In its court papers filed on Thursday, the party said the fiscal framework that will lead to the tax increase was pushed through unprocedurally

But the presidency said on Wednesday the crunch vote on the fiscal framework was a test of the party’s commitment to the GNU

The agreement came thanks to a lifeline ActionSA threw the ANC

Godongwana warns that the outer limits of the budget are non-negotiable as a debt cliff loomed