In an unprecedented move since the dawn of democracy in 1994, the South African government has cancelled Finance Minister Enoch Godongwana’s 2024/2025 budget speech due to policy disputes within President Cyril Ramaphosa’s Government of National Unity (GNU). The governing African National Congress (ANC) and its grand coalition main partner, the Democratic Alliance (DA), could not… Continue reading South African Finance Minister’s Budget Speech Cancelled Amid Cabinet Disputes Over Proposed VAT Hike
Tag: BUDGET SPEECH
SACP, ActionSA Against Mooted VAT and Tax Hikes During 2024/2025 Budget Tabling
The South African Communist Party (SACP) has vehemently opposed alleged plans to hike value-added tax (VAT) from 15 percent to 16 Percent when Finance Minister Enoch Godongwana tables the 2024/2025 budget on Wednesday. The communist party says the fact that the mooted move was reported by some media houses appears to form part of a… Continue reading SACP, ActionSA Against Mooted VAT and Tax Hikes During 2024/2025 Budget Tabling
Naked And Panga-Wielding Man Protests Against Load Shedding At Union Buildings
While President Cyril Ramaphosa was in the process of delivering his budget speech at the National Assembly in Cape Town, a panga-wielding man was protesting naked at the Union Buildings in Pretoria. The unnamed man was filmed violently hacking at the feet of Nelson Mandela’s statue at the official seat of the South African… Continue reading Naked And Panga-Wielding Man Protests Against Load Shedding At Union Buildings