Minister of Finance Enoch Godongwana was supposed to deliver the budget speech at 2pm on Wednesday afternoon.
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Minister of Finance Enoch Godongwana was supposed to deliver the budget speech at 2pm on Wednesday afternoon.
The rand is already feeling the pain of the uncertainty created by postponing the budget speech.
The postponement of the budget speech, caused by ideological clashes within the GNU, highlights the impact of party politics on national decisions.
The postponement follows intense discussions within Cabinet over proposed tax increases.
In an unprecedented move, South Africa’s 2025 budget speech was postponed at the last moment, signalling deep divisions within the Government of...