VAT court challenge stays; Treasury may drop increase: Three future GNU scenarios for South Africa

After a year of hope and success, South Africa’s coalition government could fall apart

Failure to overcome deeply ingrained political differences could set off a downward spiral in the country.

VAT court challenge stays; Treasury may drop increase: Three future GNU scenarios for South Africa

The GNU teeters on the brink of chaos as the DA’s courtroom antics clash with the ANC’s attempts at stability. Three scenarios ranked by Daily Maverick by what it means for you.

Brinkmanship in GNU devastating for South Africa

The JSE took a hammering last week. The All-Share Index (ASI) dropped by roughly 4.5% on Thursday alone, wiping out nearly R1  trillion. Hundreds of thousands of South African employees’ pensions are represented in the ASI. In perspective, a trillion rand is just under half of South Africa’s annual budget for the 2024-25 financial year