# The ANC has reaffirmed its commitment to a pro-poor fiscal framework, following the adoption of the 2025 fiscal framework by Parliament. The party supports reconsidering the proposed 0.5-percent VAT increase, adjusting tax brackets to prevent bracket creep, and giving the National Treasury 30-days to present alternative revenue measures. ANC spokesperson Mahlengi Bhengu-Motsiri says the […]
# DA federal council chairperson, Helen Zille, has announced that the party is taking legal action to block the proposed 0.5-percent VAT hike on 1 May. Speaking outside the High Court in the Western Cape, Zille confirmed that she has signed papers to challenge the process behind the VAT increase, calling the parliamentary procedures used […]
# North West University Business School economist Raymond Parsons says US president Trump’s announcement of higher tariffs will disrupt the global economy, with negative effects for South Africa. Parsons warns the tariffs could lead to higher inflation, slow global growth, and risk recession in some economies. He adds the South African economy faces a tough […]
# ActionSA says the DA’s legal action against the proposed VAT hike is within their rights. While the party disagrees with the approach, it acknowledges that legal remedies are available in a constitutional democracy. They engaged with multiple parties, including the DA, MK Party, and EFF, to stop the tax increases. ActionSA’s Athol Trollip insists […]
# ActionSA says it is committed to protecting South Africans from an increasing tax burden, rejecting the proposed 0.5-percentage point VAT hike and personal income tax bracket creep. It voted in favour of the budget yesterday. The party has outlined alternative revenue solutions, including boosting the South African Revenue Service’s capacity to recover lost revenue […]
# A global crackdown on a dark website, Kidflix, one of the largest child sexual exploitation platforms, has resulted in 79 arrests worldwide. The operation, supported by Europol, identified one-thousand-393 suspects and led to the seizure of over 91-thousand child sexual abuse videos. Kidflix, which had nearly two million users, allowed offenders to stream and […]
# The DA says ActionSA and the IFP have betrayed South Africans by supporting the ANC’s budget, which includes a VAT increase. The party argues that instead of amending the fiscal framework, they backed a flawed report with weak recommendations that will likely be ignored. In the Parliamentary debate on the budget, the DA’s Mark […]
# The chairperson of Parliament’s standing committee on Finance and ANC member Joe Maswanganyi, has defended the budget process, dismissing claims of procedural irregularities. He says the committee followed due process, including issuing public hearing adverts, receiving 51 submissions, and considering input from the National Treasury and South African Revenue Service. Maswanganyi urged members of […]
# The MK Party has warned of possible legal action if the 2025 fiscal framework report is not sent back to Parliament’s finance committee for proper deliberation. They join the DA and EFF in challenging the report’s validity, which is key to finalising the budget. In the parliamentary debate, the party’s chief whip, Mzwanele Manyi, […]
