# The MK Party has formally submitted a motion of no confidence in minister of Finance, Enoch Godongwana, to the National Assembly speaker Thoko Didiza. This is over what the party says is the minister’s reckless mishandling of the value-added tax matter. On Wednesday night, Godongwana scrapped the contentious 0.5-percent VAT hike. The MK Party says the minister’s failure to provide clarity and leadership on the VAT issue has sown confusion in the markets, panic among the poor, small businesses, and further entrenched uncertainty in an already fragile economy.
MK Party has submitted a motion of no confidence in minister Godongwana