South Africa, budget and the delay

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’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 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 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: 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.
FxWirePro:USD/ZAR rises as South African rand weakens on budget delay
USD/ZAR strengthened on Wednesday as the South African rand weakened following the delay of the countrys budget announcement. South Africas national budget was postponed at the last minute on Wednesday due to
South African rand steady ahead of national budget
South Africa's rand was little changed early on Wednesday, ahead of the 2025 national budget speech to be delivered by the finance minister.At 0712 GMT, the rand traded at 18.4050 against the dollar,
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 ...
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 ...
Moneyweb21h
SA budget unraveled after a key detail was kept secret
The unprecedented postponement was announced eight hours after the budget documents were distributed to journalists under ...
The Citizen16h
Budget 2025: Was the decision to increase VAT by 2% such a bad idea?
Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...
South African rand weakens ahead of budget speech
South Africa's rand edged lower on Tuesday against a buoyant dollar, ahead of a highly anticipated national budget speech.
businesstech.co.za1h
Big swing for petrol prices in South Africa
Petrol and diesel prices in South Africa have swung in a much more positive direction—with some cuts on the cards for March.