South Africans outline expectations ahead of 2025 Budget

3 minutes South Africans have expressed mixed expectations of Finance Minister Enoch Godongwana’s 2025 Budget Policy Statement in Cape Town this afternoon. They include some economists who have painted a bleak picture of the country’s economic future. The budget is government’s most important document which affects the economy and the lives of all South Africans….

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SAPU hopes Godongwana provides funds for police body cameras

Picture of a body camera. 2 minutes The South African Police Union (SAPU) expects Finance Minister Enoch Godongwana to allocate sufficient funds to the newly introduced police body-worn cameras when he delivers his first Government of National Unity (GNU) budget speech at 2pm this afternoon. Police Minister Senzo Mchunu says the initiative will be rolled out…

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Budget expected to unveil critical tax, economic policy changes

Finance Minister Enoch Godongwana delivering his Budget Speech in 2024. 2 minutes With the 2025 National Budget Speech just a day away, critical tax and economic policy changes will soon be unveiled. Experts believe that Finance Minister Enoch Godongwana will announce a raft of tax adjustments including value-added tax (VAT), personal income tax and corporate…

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Postbank says it will administer social grants competently

Postbank employees assist social grant beneficiaries. 1 minute The Postbank has assured Parliament that it will administer social grants competently. This follows the South African Social Security Agency’s (SASSA) slow process to change its gold to black Postbank cards. Portfolio Committee on Communications and Digital Technologies , 18 February 2025 — Parliament of RSA (@ParliamentofRSA)…

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COSATU says govt’s wage bill not bloated

Graphic depicting wages 2 minutes COSATU has dismissed as false, the long-standing assertion of a bloated public sector wage bill, as workers look to the upcoming budget for relief. Finance Minister Enoch Godongwana will have to walk a tight rope when he delivers his 2025 budget tomorrow. But government workers want an expansion of the…

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Standard Bank confident in GNU ahead of the 2025 Budget Speech

Chief Economist Goolam Ballim. 2 minutes Standard Bank has generally shown confidence in the Government of National Unity (GNU) ahead of Finance Minister Enoch Godongwana’s 2025 Budget Policy Statement in Cape Town this afternoon. In his 2024 Burdget speech, Finance Minister Enoch Gongwana cited that the South African economy remains severely constrained, plagued by infrastructure…

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