South Africa's finance minister fails to unveil budget

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. Coalition partners derailed his budget after opposing his plan to raise value-added-tax (VAT),
Bessent to Skip G20 Finance Ministers Meeting in South Africa
The Treasury secretary is the second top U.S. official not to attend the Group of 20 gatherings because of rising tension with South Africa over its land policies.
Budget 2025: What business wants from the minister of finance
What businesses do not want to hear from the minister is that there will be more bailouts for failing SEOs such as Denel and the Post Office.
Ramaphosa defends Godongwana: 'No finance minister will just willy-nilly raise taxes'
President Ramaphosa said South Africans must become more economically conscious, aware and knowledgeable, adding that there are some trade-offs the country must embrace.
Bessent to Skip G-20 Finance Chiefs Gathering in South Africa
US Treasury Secretary Scott Bessent won’t travel to the Group of 20 finance ministers meeting in South Africa next week as he focuses on the domestic agenda in his first weeks in office, a person familiar with the matter said.
South Africa’s budget postponed for first time after cabinet rift
Officials say pro-business Democratic Alliance and senior figures in African National Congress objected to VAT rise
South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
South Africa’s finance minister, Enoch Godongwana, cancelled the unveiling of the country’s 2025 budget as it was due to be released. The move is unprecedented in the country’s history. The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%.
Defence spending will remain top priority for Poland, says finance minister
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Ministry of Finance launches official website of Center for Fourth Industrial Revolution
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Finance Ministry Revises Rules for Packing and Dispatch of Remittances by Banks
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Japan finance minister to skip G20 meeting as state budget talks continue
Japan Finance Minister Katsunobu Kato said on Friday that he would skip next week's meeting of finance leaders from the Group of 20 major economies in Cape Town, South Africa. The decision to miss the ...
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Minister of Finance meets President of Swiss Confederation
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Delhi Cabinet: CM Rekha Gupta keeps finance, Parvesh Verma is PWD minister, who gets what | Full list
Along with CM Rejha Gupta, Parvesh Verma, Ashish Sood, Manjinder Singh Sirsa, Kapil Mishra, Ravinder Indraj Singh, Kapil ...
Read Finance Minister Enoch Godongwana‘s full Budget Speech here. This is now under review.
Below is the full budget speech delivered by South Africa’s Minister of Finance, Enoch Godongwana. By Minister of Finance, ...
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Nirmala Sitharaman, Giriraj Singh Among Ministers Expected At Maha Kumbh For Holy Dip Today
Several ministers including Union Finance Minister Nirmala Sitharaman, Union Textile Minister Giriraj Singh are expected to ...