Search

South Africa Postpones Budget Speech Amid Political Deadlock

South Africa s Minister of Finance Enoch Godongwana. © Imago / Alamy Stock Photo
  • Finance Minister Enoch Godongwana cites need for further cabinet discussions
  • Democratic Alliance opposition to VAT hike stalls budget approval

Johannesburg, South Africa – The highly anticipated budget speech in South Africa’s parliament has been postponed after parties within the government of national unity failed to reach an agreement on the final budget proposal.

You need an active subscription to continue reading this article.

Recent Business

Lusaka, Zambia Photo by Seiko Yamada @ Unsplash
IMF loan boosts Zambia’s recovery hopes, but debt risks linger
Read More »
1731651969405_Eurobonds-stocks-naira-jump-as-Tinubu-hits-ground-running-1
Namibia’s stock market surges to 943% of GDP
Read More »
Illegal mining in Ghana Photo by Shubham Nayak © Unsplash
Ghana economy rebounds under Mahama amid mining backlash
Read More »

Recent Politics

1732717216990_2JJRT55
Cameroon on edge as Biya’s main rival barred from October election
Read More »
Alamy Live News
Kenya’s opposition ODM fractures over Raila-Ruto alliance
Read More »
ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Ghana’s opposition petitions president over electoral chaos, illegal mining
Read More »

Latest Posts

Latest news insights