The finance minister said the expenditure would be carried out ‘without compromising the fiscal strategy of sustainable public finances’

In his third prepared budget for the year, the minister said government debt would still stabilise this year but at 77.4% of GDP, higher than predicted in March

The president and the national treasury launched phase two of Operation Vulindlela on Wednesday, expanding its focus areas

The Democratic Alliance is challenging the Employment Equity Amendment Act in court, saying it violates constitutional protections against unfair racial quotas

Godongwana promises fiscal prudence in his new budget but the growth forecast may change

The Democratic Alliance launched the application against the finance minister, the South African Revenue Service, the Speaker of the National Assembly and the Chairperson of the National Council of Provinces.

Meetings are due in coming days and weeks to undo the damage after the finance minister caved on the tax increase

The finance ministry in a midnight announcement said the decision was informed by consultations with political parties

Counsel for the EFF told the high court that ActionSA was swindled in an unconstitutional manner to support a VAT hike.

Amending his proposal at this stage would force more borrowing, the minister warned in papers filed in response to the DA

Tension between the DA and ANC persists but ActionSA may keep them together

The Democratic Alliance’s federal executive has held an urgent meeting to decide how to respond to an invitation to talks by the ANC’s national working committee

But the presidency said on Wednesday the crunch vote on the fiscal framework was a test of the party’s commitment to the GNU

But there is concern about the proposed VAT increase and its possible effect this may have on the customers of members of the Association of Comms and Technology

The recent drama over the budget spotlights the need to scrutinise our financial institutions, the treasury in particular

A hostile response signals the start of the treasury’s struggle to avoid amendments to the 2025 budget

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority

His party would have yielded if any increases were guaranteed to be temporary and tied to an overhaul of state spending patterns

The finance minister suggests that much of the opposition wrangling is part of a broader political battle

The minister conceded that the measure did not have support across the political spectrum