Finance Minister Enoch Godongwana confirms guarantee for Ithala Bank depositors
Finance Minister Enoch Godongwana is working on a guarantee to protect Ithala Bank depositors amid ongoing liquidation ...
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Enoch Godongwana addresses claims the DA sent him proposals
WESTERN CAPE — The Minister of finance, enoch Godongwana, denied that the Democratyic Alliance (DA) submitted proposals for the budget speech. He spoke in Parliament on 14 March 2025 after he tabled ...
Enoch Godongwana faces backlash over VAT hike plans amidst coalition tensions
Godongwana is set to present his budget on Wednesday, where he is expected to suggest a gradual VAT increase over the next two years, commencing with a modest 0. 5% hike this year.
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Minister Enoch Godongwana proposes incremental VAT increase over two years
Finance Minister Enoch Godongwana said in the 2025 Budget Speech that government proposes to increase South Africa’s value-added tax (VAT) rate by 0.5 percentage points in 2025/26 and 0.5 ...