South Africa's finance minister fails to unveil budget

South African budget delay over VAT hike shows cracks in coalition
South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed over raising value-added tax, an unprecedented delay that caused the rand and government bonds to fall.
South Africa abruptly cancels budget speech over dispute in governing coalition
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalition.
South Africa's finance minister fails to unveil budget after tax row
South Africa's Finance Minister Enoch Godongwana has been forced to postpone the unveiling of the national budget following sharp disagreements within the coalition government.
South Africa Budget Under Added Scrutiny Given Trump Aid Tensions
South Africa’s finance minister is under pressure to chart an economic course that navigates the hazards unleashed by Donald Trump’s trade war.
South African rand slides after eleventh-hour national budget delay
South Africa's rand weakened on Wednesday after the national budget was postponed due to disagreements within the coalition government.
South Africa due to present pivotal budget
Africa's largest economy has faced a burgeoning debt and stagnating economy that threaten to derail the country's coalition government.
South Africa Budget Unraveled After a Key Detail Was Kept Secret
South African Finance Minister Enoch Godongwana presented highlights of his upcoming budget to colleagues two weeks ago, but skipped a crucial detail to stop it from leaking — triggering a major fallout in the nation’s coalition government.
South African rand slides after national budget postponed
South Africa's rand weakened on Wednesday, after the national budget was postponed until further notice due to disagreements within the coalition government. At 1402 GMT, the rand traded at 18.57 against the dollar,
South Africa’s Budget delay not a crisis, Ramaphosa says
The unprecedented delay in the presentation of South Africa’s budget shouldn’t be seen as a crisis and wouldn’t derail the country’s 10-party ruling alliance, President Cyril Ramaphosa said.
South Africa postpones budget in 'unprecedented' step
The African National Congress and Democratic Alliance disagree over proposed VAT increases, casting doubt on the ruling coalition's ability to govern.
South Africa: Budget bust gives governing coalition a second chance
The postponement of South Africa’s national budget vote was as much about keeping the national coalition together as it was about the unity of the African National Congress, with the finance minister now going back to the drawing board.
Budget delay, an opportunity for a People’s Budget amid a cost of living crisis
The last-minute decision to postpone the tabling of the 2025 budget reflects deep cracks in the budget process ...
South African rand firms against dollar after US data, tariff plans
South Africa's rand strengthened against a weaker dollar on Thursday, as investors digested U.S. data and President Donald ...
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Budget Speech clash: The elephant in the room
When Julius Malema, Commander-in-Chief of the Economic Freedom Fighters (EFF), remarked on 'speaking up for the ...
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Good news for petrol prices in South Africa comes with a big catch
Finance minister Enoch Godongwana leaked Budget Speech shows that he wanted to give drivers some relief. But now the plans ...
South African rand partially recoups losses, with focus on G20 meeting
South Africa's rand firmed slightly in early trade on Thursday, recouping some of the previous session's losses as focus ...
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BREAKING: Godongwana’s Budget Speech 2025 postponed at 11th hour
The different political parties in the GNU allegedly couldn't agree on a some issues within the Budget Speech, leading to a ...
Budget 2025 | Enoch Godongwana set to address the nation in Cape Town
With the South African economy facing numerous challenges, today's Budget Speech by Minister Godongwana promises to be a ...
South Africa Treasury to widen budget deficit forecasts on February 19: Reuters poll
South Africa's National Treasury budget deficit forecasts will be wider than in its October estimates for the next three ...