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Budget Speech delayed - What’s your take?

Finance Minister Enoch Godongwana’s much anticipated Budget Speech, originally scheduled for today, has been postponed until 12 March 2025 following reported disagreements within the Government of National Unity over a proposed 2% VAT increase. This unexpected move has stirred much debate. What’s your take? Share your thoughts in the comments below.
Budget Speech delayed - What’s your take?
Daily Maverick
By Daily Maverick
19 Feb 2025
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Daily Maverick journalists have been closely covering the developments in our Budget 2025 live blog, providing real-time updates and expert analysis on the unfolding situation.

What do you think about the Budget delay and the proposed VAT increase? Share your thoughts and insights in the comments below.

 

 

 

 

Comments (5)

Rae Earl Feb 20, 2025, 08:36 AM

For once the ANC was faced with a barrage of resistance by all concerned party members of the GNU. Its constant lording over all of them has finally blown up in their face, even from the likes of opposition parties. A strong indication of major power loss leading up to the 2026 local elections.

Irene Baumbach Feb 20, 2025, 05:35 AM

How about reducing the size of cabinet, capping salaries and reducing perks? If nothing else, it would be a gesture of good will.

Fred Lightly Said Feb 19, 2025, 08:18 PM

S/Africans already get very little for the taxes they pay. Gov. services are poor to non existent (policing and security, education and schooling, public transport etc etc). Raising VAT puts further pressure on citizens. Tax bracket creep also an issue. Spending needs to be cut to balance the books

Brian H Feb 19, 2025, 06:56 PM

Disgusting behavior by the ANC. Stealing taxpayers money (through the bailing out of SOEs, VBS Bank, NHI etc) on the one hand, and trying to raise taxes on the other. A small percentage of taxpayers already support the social grants of millions, and the ANC is trying to take more.... disgusting.

Karl Sittlinger Feb 19, 2025, 06:47 PM

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