Gayton McKenzie gives behind-the-scenes insights into the stance of political parties on VAT and the postponement of the Budget speech.

The failure to present the country’s Budget has exposed deepening divisions within the fragile Government of National Unity, ...

Finance Minister Enoch Godongwana faces mounting pressure from GNU partners as they debate budget cuts and a controversial ...

CAPE TOWN - Political parties within the Government of National Unity (GNU) are at loggerheads over the 2025 Budget speech. Some of the disagreements include a two-percentage point VAT increase.

Parties making up the Government of National Unity (GNU) attempted to present a united front amid the visible internal ...

The postponement of the budget speech, caused by ideological clashes within the GNU, highlights the impact of party politics ...

The business sector is disappointed that the budget speech has been postponed, but hopes that the GNU parties will come to an ...

Proposed budget contains income tax relief to limit the impact on the poor, while more necessities can be zero-rated and ...

Godongwana declined to comment whether the proposed 2% VAT increase was where the GNU partners drew the line in the sand.

Business Day reported on Wednesday that the proposal to increase VAT was intended to plug holes in the education budget and ...

"The truth is all parties in the GNU agreed to the postponement, not only the DA or the PA - the IFP, Good, PA... please ...