#budgetspeech hashtag - Bluesky

National Treasury: Reducing VAT increase means govt will have less money for rainy days On Wednesday, Finance Minister Enoch Godongwana raised VAT to 0,5 % in this financial year - and says he plans to hike it by the same margin again, next year.

1 year ago

Reducing the #VAT increase for 2025 means the government will have less money in its reserves to mitigate against unforeseen circumstances.

(The National Treasury has dipped into the contingency reserve reducing it from R8 billion to R5 billion.) #BudgetSpeech

0 0 0 0

National Treasury: Reducing VAT increase means govt will have less money for rainy days On Wednesday, Finance Minister Enoch Godongwana raised VAT to 0,5 % in this financial year - and says he plans to hike it by the same margin again, next year.

1 year ago

Reducing the #VAT increase for 2025 means the government will have less money in its reserves to mitigate against unforeseen circumstances.

(The National Treasury has dipped into the contingency reserve reducing it from R8 billion to R5 billion.) #BudgetSpeech

0 0 0 0

Neo

@miraclematholo.bsky.social

1 year ago

“This dizizen was not was taken lightly” aii voetsek ngempela #BudgetSpeech

1 0 0 0

VAT hike question hangs over Godongwana as he makes second attempt at Budget Speech Pundits don't believe Godongwana will be able to avoid increasing taxes completely despite the raging dissent across the board, including from within his own party.

1 year ago

Will the finance minister cave and remove a #VAT increase from the national budget or will he push ahead with a lesser hike, instead? #BudgetSpeech

1 0 0 0

VAT hike question hangs over Godongwana as he makes second attempt at Budget Speech Pundits don't believe Godongwana will be able to avoid increasing taxes completely despite the raging dissent across the board, including from within his own party.

1 year ago

Will the finance minister cave and remove a #VAT increase from the national budget or will he push ahead with a lesser hike, instead? #BudgetSpeech

0 0 0 0

DA accuses ANC of being modern-day oppressor over proposed VAT hike The ANC plans to back Minister of Finance Enoch Godongwana’s suggestion for a VAT increase.

1 year ago

The #DA has accused the #ANC of being the modern-day oppressor of poor #SouthAfricans, describing its proposal to increase #VAT as a form of oppression. #BudgetSpeech

1 0 0 0

DA accuses ANC of being modern-day oppressor over proposed VAT hike The ANC plans to back Minister of Finance Enoch Godongwana’s suggestion for a VAT increase.

1 year ago

The #DA has accused the #ANC of being the modern-day oppressor of poor #SouthAfricans, describing its proposal to increase #VAT as a form of oppression. #BudgetSpeech

0 0 0 0

EFF stands firm on rejection of VAT hike ahead of budget speech The Government of National Unity (GNU) is having last-minute discussions on what should be included in the budget speech.

1 year ago

"If they need money, there are places where we can cut. We can cut the number of deputy ministers and introduce a wealth tax."

- Nontando Nolutshungu, Chief Whip of the #EFF in the National Assembly #BudgetSpeech

1 0 0 0

EFF stands firm on rejection of VAT hike ahead of budget speech The Government of National Unity (GNU) is having last-minute discussions on what should be included in the budget speech.

1 year ago

"If they need money, there are places where we can cut. We can cut the number of deputy ministers and introduce a wealth tax."

- Nontando Nolutshungu, Chief Whip of the #EFF in the National Assembly #BudgetSpeech

0 0 0 0

Brett Herron 🇿🇦

@brettherron.bsky.social

1 year ago

GOOD Party against proposal to introduce more seats in WC Legislature This followed an announcement by the Provincial Standing Committee on Premier and Constitutional Matters that it's considering such a move before the 2029 national and provincial elections.

Today’s the #BudgetSpeech. It seems we’re all going to be in for some pain to keep essential services running & to invest in growth-driving projects.

After cutting 2000 teacher posts @Our_DA want to find funding to add more politicians!

We say no!

www.ewn.co.za/2025/03/12/g...

2 0 0 0

Treasury paying price for govt decision to hike public sector wages: Big business Treasury hopes to plug a R60 billion revenue gap in the face of high debt, ballooning debt servicing costs, and a wide budget deficit.

1 year ago

Big business is of the view that the National Treasury is paying a high price for the government’s decision to hike public sector wages at a time when the country’s public purse is running dry. #BudgetSpeech

0 0 0 0

Treasury paying price for govt decision to hike public sector wages: Big business Treasury hopes to plug a R60 billion revenue gap in the face of high debt, ballooning debt servicing costs, and a wide budget deficit.

1 year ago

Big business is of the view that the National Treasury is paying a high price for the government’s decision to hike public sector wages at a time when the country’s public purse is running dry. #BudgetSpeech

0 0 0 0

Budget likely to go ahead and negotiated after – economist Finance Minister Enoch Godongwana is set to deliver the Budget Speech at 2 pm on Wednesday.

1 year ago

“... Budgeting should be boring... People should not be so excited about the budget..."

- Lisette Ijssel de Schepper, Bureau for Economic Research - #StellenboschUniversity #BudgetSpeech

0 0 0 0

Budget likely to go ahead and negotiated after – economist Finance Minister Enoch Godongwana is set to deliver the Budget Speech at 2 pm on Wednesday.

1 year ago

“... Budgeting should be boring... People should not be so excited about the budget..."

- Lisette Ijssel de Schepper, Bureau for Economic Research - #StellenboschUniversity #BudgetSpeech

0 0 0 0

Budget Speech: Some economists believe VAT increase still possible Minister of Finance Enoch Godongwana's budget was rejected in February due to a proposed two percentage point increase in value-added tax.

1 year ago

Minister of Finance #EnochGodongwana will have a second go at tabling his #BudgetSpeech on Wednesday as #GNU parties are having last-minute discussions on what should be included.

0 0 0 0

Budget Speech: Some economists believe VAT increase still possible Minister of Finance Enoch Godongwana's budget was rejected in February due to a proposed two percentage point increase in value-added tax.

1 year ago

Minister of Finance #EnochGodongwana will have a second go at tabling his #BudgetSpeech on Wednesday as #GNU parties are having last-minute discussions on what should be included.

0 0 0 0

Workers unite for a 'people's budget': Unions plan mass protests ahead of delayed Budget Speech Following disagreement among MPs regarding a VAT hike, the Budget Speech was cancelled last month. It is set to go ahead tomorrow (Wednesday).

1 year ago

"This broad front of different organisations is calling for an end to austerity and ensuring that government and Treasury prioritise its constitutional obligations in relation to health, education and social services."

- Barry James Mitchell, Parliamentary officer - #NEHAWU #BudgetSpeech

0 0 0 0

Workers unite for a 'people's budget': Unions plan mass protests ahead of delayed Budget Speech Following disagreement among MPs regarding a VAT hike, the Budget Speech was cancelled last month. It is set to go ahead tomorrow (Wednesday).

1 year ago

"This broad front of different organisations is calling for an end to austerity and ensuring that government and Treasury prioritise its constitutional obligations in relation to health, education and social services."

- Barry James Mitchell, Parliamentary officer - #NEHAWU #BudgetSpeech

0 0 0 0

Parliament's finance committees want greater involvement in budget planning process Standing Committee on Finance chairperson, Joe Maswanganyi, said proposals should be presented to Parliament earlier.

1 year ago

Chairpersons of Parliament's finance committees want greater involvement and inclusiveness in budget planning. #BudgetSpeech

0 0 0 0

Parliament's finance committees want greater involvement in budget planning process Standing Committee on Finance chairperson, Joe Maswanganyi, said proposals should be presented to Parliament earlier.

1 year ago

Chairpersons of Parliament's finance committees want greater involvement and inclusiveness in budget planning. #BudgetSpeech

0 0 0 0

Finance Minister Enoch Godongwana suggests VAT hike needed to fund SRD grant: 'It's classic gaslighting' – DA Cosatu’s Matthew Parks says they have proposed measures such as boosting resources for SARS to fight tax evasion and fraud, which could generate an additional R20 billion annually.

1 year ago

"We're either going to punish them with a tax or we're going to punish them by taking away the SRD grants – it's a classic example of gaslighting South Africans..."

- Mark Burke, Spokesperson for Finance – DA #BudgetSpeech #SouthAfrica

1 0 0 0