# Finance minister Enoch Godongwana has allocated an additional 7.5-billion-rand to the South African Revenue Service over the medium term to enhance tax collection and combat illicit trade. The funds will help strengthen enforcement, modernise systems, and boost revenue recovery efforts. Delivering the revised budget speech, Godongwana said the investment is expected to generate up […]
# Die minister van Finansies, Enoch Godongwana, sê die BTW-koers sal onveranderd bly op 15-persent, met die Nasionale Tesourie wat openbare raadpleging bo die verhoging van inkomste prioritiseer. Godongwana het in sy begrotingsrede gesê hoewel die verhoging van BTW fiskale hulpbronne kon versterk, is die besluit om dit onveranderd te hou, beïnvloed deur kommer oor […]
# Italy and Spain have slammed the firing of shots on diplomats visiting the flashpoint West Bank city of Jenin. EU foreign policy chief Kaja Kallas called on Israel to investigate and hold those responsible “accountable”. Israel’s military said troops fired “warning shots” after the diplomats deviated from an approved route during a visit to […]
# The minister of Finance Enoch Godongwana has reduced the budget for the South African National Defence Force’s peacekeeping mission in the Democratic Republic of Congo. However, the funds for safely withdrawing troops have increased to three-billion-rand. In his budget speech, Godongwana said this shift reflects the planned phased withdrawal from the DRC, focusing more […]
# Minister of Finance, Enoch Godongwana says the VAT rate will remain unchanged at 15-percent, as the National Treasury prioritises public consultation over increasing revenue. Delivering his budget speech, Godongwana said that while raising VAT could boost fiscal resources, concerns about its impact on the poor influenced the decision to keep it unchanged. He emphasised […]
# Die minister van Finansies, Enoch Godongwana, het ekonomiese groei sonder besuinigingsmaatreëls belowe, ten spyte van Suid-Afrika se toenemende fiskale uitdagings. Hy het in sy derde begrotingstoespraak gesê die regering sal besteding oor die volgende drie jaar met 5,4-persent verhoog, terwyl hy die verhoging van BTW of die instel van groot nuwe belastings uitstel. Godongwana […]
# Finance minister Enoch Godongwana has promised economic growth without austerity, despite South Africa’s deepening fiscal challenges. In his third budget speech, he said the government will increase spending by 5.4-percent over the next three years, while holding off on raising VAT or introducing major new taxes. Godongwana acknowledged rising debt-service costs, now projected at […]
# Die Black Business Council het gewaarsku teen die verandering van Suid-Afrika se transformasiewette om Elon Musk se Starlink te akkommodeer. Berigte dui daarop dat die regering ‘n plan het vir Starlink om die 30-persent vereiste van swart eienaarskap in terme van Swart Ekonomiese Bemagtigingsbeleide, te omseil. Die Kommunikasiedepartement het ‘n ekwiteits-ekwivalensiemodel voorgestel wat beleggings […]
# Arbeids- en gemeenskapsorganisasies onder die vaandel van People Against Budget Cuts het voortdurende besparingsmaatreëls veroordeel en gewaarsku dat dit ongelykheid vererger en kwesbare gemeenskappe benadeel. Die koalsie beoog om openbare teenkanting teen die regering se fiskale beleid te mobiliseer. Eerwaarde Allan Boesak het in Kaapstad aan die media gesê ‘n beroep word gedoen op […]