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Maroc Maroc - CAPETOWNETC.COM - A La Une - Hier 11:00

Inside the budget speech postponement and unpacking the VAT battle

In an unprecedented move, South Africa’s 2025 budget speech was postponed at the last moment, signalling deep divisions within the Government of National Unity (GNU), Cape {town} Etc reports. The postponement, which was announced just hours before Finance Minister Enoch Godongwana was set to deliver the budget, stemmed from intense disputes over a proposed two-percentage-point increase in Value-Added Tax (VAT)....

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