GNU hangs by a thread as ANC and DA wrestle over budget agreement
- ActionSA attempted to assist the ANC in budget discussions, as the ANC and Democratic Alliance could not agree on a fiscal framework for the upcoming budget vote.
- The DA's Mark Burke confirmed that the ANC rejected conditions for a 0.5 percentage point VAT increase proposed by Finance Minister Enoch Godongwana.
- The Freedom Front Plus opposed the VAT increase, indicating that multiple parties would not support the budget vote scheduled for Wednesday.
- Disagreements over infrastructure and a proposed VAT increase have led to an unprecedented budget deadlock within South Africa's coalition government.
17 Articles
17 Articles
The power struggle behind South Africa’s budget delay
The ScoopA power struggle within South Africa’s coalition government over the control of key parts of Africa’s most industrialized economy is one of the main issues at the center of the country’s unprecedented budget deadlock.Negotiations over port and rail infrastructure have been a major sticking point, three people familiar with the matter told Semafor. The impasse over the budget, which was first due to be presented in February, has become t…
GNU hangs by a thread as ANC and DA wrestle over budget agreement
The ANC and the DA have spent three days "engaging" over a range of policy issues that the DA has made conditional to its support for the Budget. But by late on Monday the ANC had not given the DA its final response to its proposals
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- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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