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Budget postponed to March 12 after GNU Cabinet fails to agree on two-percentage point VAT hike

In an unprecedented development, the speaker of Parliament Thoko Didiza was forced to postpone the 2025 Budget address by Finance Minister Enoch Godongwana on Wednesday. This, after Cabinet failed to agree with a two-percentage-point value-added tax (VAT) hike included in the Budget. 

Feb 19, 2025 - 14:55
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Budget postponed to March 12 after GNU Cabinet fails to agree on two-percentage point VAT hike
In an unprecedented development, the speaker of Parliament Thoko Didiza was forced to postpone the 2025 Budget address by Finance Minister Enoch Godongwana on Wednesday. This, after Cabinet failed to agree with a two-percentage-point value-added tax (VAT) hike included in the Budget. 
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