LIVE | Budget Speech 2025
1 minute Finance Minister Enoch Godongwana delivers the Budget Speech after it was postponed last month. LIVE | Budget Speech 2025:
March 2025
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Unions, NGOs oppose VAT hike ahead of Budget Speech
Cosatu protests against VAT increase in Cape Town ahead of the tabling of the Budget Speech on March 12, 2025. 1 minute Various organisations, including the Congress of South African Trade Unions (Cosatu), South African Federation of Trade Unions (Saftu), the South African Communist Party (SACP), Treatment Action Campaign (TAC) and Equal Education (EE) are…
Critics of VAT hike mount in light of Budget speech
2 minutes A Pietermaritzburg-based advocacy group is against an increment of Value Added Tax (VAT). The Pietermaritzburg for Economic Rights and Dignity (PMBEJD) says this will put a further strain on the poor and economically marginalised. The organisation says it would rather see a further increase of the social relief grants and old age grants…
US aid cuts to SA expected to weigh on spending
A street money changer counts South African rands. 2 minutes The decision by the United States to cut aid to South Africa is expected to add some expenditure pressures on the national budget. As Finance Minister Enoch Godongwana prepares to deliver the budget in Parliament this afternoon, analysts say government finances may face increased pressure having…
Govt’s finances to remain under pressure amid slow growth: Analyst
Finance Minister Enoch Godongwana delivering his Budget Speech. 2 minutes Analysts predict that the government’s finances will continue to face significant strain as long as economic growth remains sluggish and debt levels keep climbing. This outlook comes as Finance Minister Enoch Godongwana prepares to deliver the highly anticipated Budget Speech, which was postponed last month…
Canadian energy minister says Ottawa will respond to any US tariffs
Canada Minister of Energy and Natural Resources Jonathan Wilkinson 2 minutes Canadian Energy Minister Jonathan Wilkinson told CNN on Tuesday his country will respond shortly to any tariffs from the U.S. while also adding Canada was not looking to escalate or provoke trade tensions between the two countries. The energy minister said Canada was not interested in…
DA rejects any proposed VAT hike
FILE PICTURE: President Cyril Rmaphosa shares a light moment with DA leader and Agriculture Minister John Steenhuisen as well as DA MP and Basic Education Minister Siviwe Gwarube. 2 minutes Tensions are high ahead of Wednesday’s revised budget speech, with opposition parties opposing any increase in VAT. The Democratic Alliance (DA), a member of the…
SAWS issues level 4 warning for W Cape
A motorists drives while it rains. 1 minute The South African Weather Service (SAWS) has issued a Yellow Level 4 warning for damaging winds over much of the Western Cape from Wednesday evening until Friday. Cape Town Disaster Risk Management says strong south-easterly winds up to 90 kilometres per hour are expected between Saldanha and…
Ramaphosa says he told Trump AGOA benefits both SA and US
SA President Cyril Ramaphosa and US President Donald Trump 2 minutes President Cyril Ramaphosa says he has informed US President Donald Trump that while South Africa benefits from the African Growth and Opportunity Act (AGOA), it also plays a role in contributing to the act. Since its enactment in 2000, AGOA has been at the…
Donnarumma helps PSG knock Liverpool out of Champions League
Paris St Germain’s Gianluigi Donnarumma celebrates after the match. 4 minutes Paris St Germain beat Liverpool 4-1 in a penalty shootout to advance to the Champions League quarter-finals after winning a rip-roaring last-16 second-leg match at Anfield 1-0 on Tuesday thanks to a goal from livewire Ousmane Dembele. After the tie had finished 1-1 on…