african national congress

South African budget delay over VAT hike shows cracks in coalition

Mtambo CAPE TOWN (Reuters) - South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed over raising value-added tax, an unprecedented delay that caused the rand and government bonds to fall.

Associated Press on MSN · 2d

South Africa abruptly cancels budget speech over dispute in governing coalition

South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalition.

BBC · 2d

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),

Reuters on MSN · 2d

South African rand slides after national budget postponed

South Africa's rand weakened on Wednesday, after the national budget was postponed until further notice due to disagreements within the coalition government. At 1402 GMT, the rand traded at 18.57 against the dollar,

The Financial Times · 2d

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 African rand slides after eleventh-hour national budget delay

South Africa's rand weakened on Wednesday after the national budget was postponed due to disagreements within the coalition ...

The Citizen1h

“The constant change of leadership at our municipalities is led by the racist DA”: Mkhwane

"The DA’s strategy everywhere it is in opposition is clear: disrupt the stability of the municipality through petty MONCs such as they did in SDM and ELM." ...

businesstech.co.za3d

Big change at a prominent South African municipality on the cards

The African National Congress (ANC) in the North West are mulling merging the troubled Ditsobotla Local Municipality (DLM) ...

28d

South African president signs controversial land seizure bill, eroding private property rights

Opponents of a controversial South African land expropriation bill are calling the legislation a threat to private ownership after it was endorsed by the country's president.

politicsweb1d

Budget postponement demonstrates shared commitment - ANC

The ANC remains resolute in its commitment to ensuring that fiscal policy supports economic transformation and protects the poor, while fostering inclusive growth that benefits all South Africans. As ...

2don MSN

Budget Delay | ANC, DA try score points on who rejected the VAT increase first

National Budget Speech was postponed to March 12 after Finance Minister Enoch Godongwana could not deliver it on Wednesday ...

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