Finance Minister Enoch Godongwana during a media briefing. 2 minutes Senior Policy Specialist Neil Coleman has called on Finance Minister Enoch Godongwana to resign for misleading the country. Godongwana has been criticized for suggesting reducing the COVID-19 Social Relief of Distress (SRD) grants or raise the Value Added Tax (VAT). This issue has dominated public…
Tax-related material on a desk 5 minutes The ACDP says it expects a form of smaller VAT increase when Finance Minister Enoch Godongwana tables the budget on Wednesday. The party says it thinks hiking the tax with a smaller percentage will not cause harm to the poor. Earlier the party was against the tax increase….
SARB logo 2 minutes uMkhonto weSizwe Party Chief Whip, Mzwanele Manyi has accused the South African Reserve Bank of not supporting black owned financial services. Manyi’s comments come as the party marches to the Reserve Bank in the City of Tshwane today, following the liquidation of Ithala Bank. The party will also march to Treasury…
Mexico’s President Claudia Sheinbaum gestures during an event to give details on the country’s response to US President Donald Trump’s 25% tariffs on imports from Mexico 2 minutes Mexican President Claudia Sheinbaum told supporters in a massive rally on Sunday that dialogue and respect had prevailed in achieving a pause on US tariffs and that…
Tax-related items seen on a table. 3 minutes The National Union of Metalworkers of South Africa (NUMSA) says the proposed two percent VAT increase, in the soon-to-be-tabled budget, is likely to cripple the working class, coupled with the 12.7% electricity tariff hike that takes effect in April. This came under the spotlight in Bloemfontein, where…
1 minute Microsoft Vice Chair Brad Smith and President Cyril Ramaphosa are discussing partnerships in Bryanston, north of Johannesburg. LIVE | Microsoft’s Vice Chair meets with President Ramaphosa, Government Executives:
A calculator and pen depicted in the picture. 3 minutes The Democratic Alliance (DA) says Finance Minister Enoch Godongwana should follow what it calls a six-point plan it has crafted, a guide in preventing tax increase when tabling the budget. The party made these sentiments as part of outlining its expectations on the reported reduction…
Minister Enoch Godongwana delivering the 2024 budget speech. 2 minutes Parliament’s Finance Cluster says the postponement of the tabling of the budget last month means that they will work under extreme pressure in processing the upcoming budget due to limited time. Finance Minister Enoch Godongwana is expected to table the delayed budget on Wednesday. It…
Some roads in Limpopo have been completely submerged. 2 minutes The farming community of Stockpoort and Thabazimbi in the Limpopo province has been left stranded after many of their farms were flooded and their crops submerged. The Stockpoort Border Post has been closed after floods left it inaccessible. A game lodge near the Stockpoort border…
1 minute Parliament’s Finance Cluster briefs the media on their oversight and accountability role in ensuring that the budget serves the needs of all South Africans. Live streams below:
