LIVE | Budget Speech 2025
1 minute Finance Minister Enoch Godongwana delivers the Budget Speech after it was postponed last month. LIVE | Budget Speech 2025:
Business
Read More
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…
Trump meets Corporate America as economic fears nip stocks
US President Donald Trump. 4 minutes US President Donald Trump will meet the CEOs of America’s biggest companies on Tuesday, including many whose market value has dipped in recent days as recession and inflation fears soured consumer and investor sentiment. The Republican president is expected to speak with around 100 CEOs at a regular meeting…
Ramokgopa blames procurement for Kendal’s poor performance
Minister Ramokgopa at the Kendal Power Station 2 minutes Procurement and regulation issues are blamed for the poor performance of the Kendal Power Station in Ogies, Mpumalanga. Electricity and Energy Minister Kgosientsho Ramokgopa visited the station a few days after power utility Eskom implemented load shedding. Ramokgopa visited the station to assess its current performance…
Phalaborwa businesses fear collapse over water crisis
Tap with droplet of water 2 minutes As South Africa prepares for this year’s budget speech, some Limpopo communities hope that resources will be directed towards fixing water infrastructure, so that they can access clean running water. Finance Minister Enoch Godongwana is set to deliver the Budget Speech tomorrow after it was postponed last month….
GNU disagreeing on budget gives other parties reason to mobilise:Ndou
Finance Minister, Enoch Godongwana and Deputy Minister, Dr. David Masondo arrive for the tabling of the Budget Speech on February 22, 2023. 1 minute Political analyst Dr. Levy Ndou says disunity in the Government of National Unity (GNU) regarding the budget will give other political parties a reason to start mobilising communities. Most political parties,…