Economy / General

Government and revenue: VAT delayed the budget, but an increase is still likely

The 2025 Budget will be historic not for one but two significant reasons. The first is the Government of National Unity (GNU) embodying democracy in action, the first time the Budget has been delayed in South Africa’s post-apartheid history.

South Africans are buying cars again, but trends are changing

While many consumers still faced financial strain in 2024, their confidence levels appear to be improving, with more people looking to buy cars last year.

Budget Postponement Reaction

Unprecedented budget speech, but remember this day

The Minister of Finance has not had it easy in 2025 and the budget speech not read yesterday pays testament to this. Postponing the speech to 12 March is unprecedented, and is due to the Government of National Unity (GNU) not reaching consensus on a way forward to tabling a budget.