fiscal frameworklatest news & developments
Finance Minister Enoch Godongwana.

It’s time for a community-centred budget

A credible budget in 2026 cannot be based solely on spreadsheets. It must rebalance power and investment toward the local economies that sustain the majority of South Africans.

Finance Minister Enoch Godongwana. (David Harrison/M&G)

Budget consultation could stabilise GNU: Godongwana

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

The Democratic Alliance has claimed credit for the about-turn by the treasury on the tax, saying its legal team had presented a strong case against the flawed parliamentary process used to adopt the fiscal framework

Parties hail VAT reversal as ANC admits budget vote missteps

The Democratic Alliance has claimed credit for the about-turn by the treasury on the tax, saying its legal team had presented a strong case against the flawed parliamentary process used to adopt the fiscal framework

Finance minister Enoch Godongwana.(Brenton Geach/Gallo Images via Getty Images)

Godongwana tells court VAT increase cannot be interdicted

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

EFF leader Julius Malema. (Photo by Gallo Images/Sharon Seretlo)

EFF accuses ANC of ‘using’ it in government of national unity and budget talks

The Economic Freedom Fighters say the ANC only holds discussions with them during times of political crisis

There has been nothing remarkable about the government of national unity’s first year in office, but the steadying of the ship has been invaluable. Photo: GCIS

DA not ‘walking away’ after talks with ANC to rescue coalition

The parties remain divided over an increase in VAT, which the DA says South Africans cannot afford

The government of national unity. Photo: @Presidency/ZA/X

ANC, DA confirm meeting to try and save coalition, but offer little detail

The stand-off between the two parties dates back to 19 February when DA leader John Steenhuisen made clear the party would not support a national budget that proposed a two percentage point increase in VAT

ANC secretary general Fikile Mbalula. (X)

ANC dares DA to walk out of GNU

Secretary general Fikile Mbalula challenged the Democratic Alliance to either support the government of national unity or make its exit official, as tension rises over the budget

President Cyril Ramaphosa. (Delwyn Verasamy/M&G)

ANC and DA contemplate end of days

Both parties are mindful of the magnitude of a split as South Africa faces more economic turmoil

Helen Zille. (Luba Lesolle/Gallo Images)

Not on our watch: DA moves to block VAT hike through legal action

In its court papers filed on Thursday, the party said the fiscal framework that will lead to the tax increase was pushed through unprocedurally

President Cyril Ramaphosa. Photo: Brenton Geach/Gallo Images

Ramaphosa wants the DA to remain in the coalition

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

Finance Minister Enoch Godongwana. (Photo: Mlungisi Louw/Gallo Images)

Budget: Finance committees approve fiscal framework at 11th hour

The agreement came thanks to a lifeline ActionSA threw the ANC