Free SA Welcomes Budget Postponement, Warns Against VAT Hike
Free SA welcomes the decision to postpone the national budget speech amid fierce opposition to a proposed VAT hike. This moment marks a critical shift in South African politics—proof that Parliament is no longer a rubber stamp for bad policies and that reckless tax increases will no longer be pushed through without consequence. The delay […]
Stop the VAT Increase – Protect South Africans from Rising Costs!
In an unprecedented move, the South African government’s 2025 Budget Speech has been postponed to 12 March 2025 due to disagreements within the Government of National Unity (GNU) over a proposed increase in Value-Added Tax (VAT) from 15% to 17%. The Democratic Alliance (DA), a key coalition partner, has strongly opposed this hike, arguing that […]
Despite decline in unemployment rate, youth unemployment in South Africa hits 59.6%
South Africa’s Unemployment Rate Declines, Youth Unemployment Remains High The latest labour force data reveals that South Africa’s unemployment rate has declined to 31.9% in Q4 2024, a 0.2 percentage point drop. Read more on IOL
Begroting | Het ander belastingskokke ook gewag?
Die besluit om die begrotingsrede ter elfder ure vir amper ’n maand lank uit te stel te midde van onenigheid oor ’n verhoging in BTW, laat die vraag ontstaan oor of daar ook ander belastingskokke gewag het. BTW is in 2018 van 14% tot 15% verhoog en Enoch Godongwana, minister van finansies, wou dit nou […]
R8.8bn more earmarked for public employment programmes
Chaos ensued on Wednesday when the 2025/26 budget was suddenly not tabled, sending the rand into a tailspin and triggering turmoil in the Government of National Unity. “Cabinet, therefore, decided not to come and do a presentation of the budget”, said Speaker Thoko Didiza, stating a return on Wednesday, 12 March. Treasury has since lifted […]
