US EditionNews24 | ANC finds ally in ActionSA amid walkout threats by DA over national Budget, VAT increase
10 Articles
10 Articles
Action SA's budget proposals 'weird' and 'unlawful' say parties
Action SA explained its support for the fiscal framework and revenue proposals report that could animate finance minister Enoch Godongwana’s budget if passed because while South Africans could not afford its proposed VAT hike, the economy could not afford a delay in the budget process
South Africa Finance Minister Slams Democratic Alliance Over Budget
South African Finance Minister Enoch Godongwana criticized the Democratic Alliance over its plan to oppose a key piece of budget legislation, and suggested that if the party does object it should quit the nation’s coalition government.
Mbalula says VAT could be reduced when the economy improves
ANC Secretary-General Fikile Mbalula stated that the recent increase in value-added tax (VAT) has created a disagreement between the ANC and its partners in the Government of National Unity (GNU). The former minister expressed confidence that a resolution can be reached with all GNU partners. However, discussions held on Monday and Tuesday appear to have come to a standstill. Starting from 1 May, VAT will be raised for the fourth time in the cou…
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