Anticipation Builds as Godongwana Prepares to Unveil Crucial Tax Adjustments
Finance Minister Godongwana aims to slow debt growth and adjust tax brackets for inflation while protecting frontline services and social grants, with 22% of revenue spent on debt costs.
7 Articles
7 Articles
'Definitely no VAT increase': DA tables 2026 national budget expectations
All eyes will be on Finance Minister Enoch Gongwana and his partners in the government of national unity (GNU) as he presents the 2026 budget speech at the Cape Town City Hall on Wednesday. Last year, differences between Godongwana and his coalition partners led to multiple versions of the budget being presented before all members of the GNU agreed on a version which did not include a 2% VAT increase. The DA’s spokesperson on finance, Mark Burke…
South Africa: Godongwana to Deliver 2026 Budget
[SAnews.gov.za] The Minister of Finance, Enoch Godongwana, will outline all the financial, economic, and social commitments that the government will prioritise in its planned expenditure when he tables the 2026 Budget in the National Assembly on Wednesday.
Sin taxes rise in line with inflation
Government will continue consulting industry stakeholders throughout the year as it reviews the alcohol excise regime, following a decision to raise sin taxes in line with the inflation forecast. Presenting the national Budget on Wednesday, Finance Minister Enoch Godongwana announced a 3.4% increase in specific excise duties on alcohol and tobacco products, signalling government’s intention to maintain inflation-linked adjustments while broader …
Sassa grant recipient? Here’s how much more you’ll get
Sassa grant recipient? Here’s how much more you’ll get Zandile.Khumalo Wed, 02/25/2026 - 14:16 South Africa Social Security Agency CAPE TOWN - Millions of South Africans who rely on social grants will see an increase in April 2026. This comes as the national treasury set aside R 292.8 billion for grants in the 2026/2027 financial year. This was revealed by Finance Minister Enoch Godongwana as he tabled the 2026 Budget on Wednesday. Here’s how…
ANC sets out expectations for 2026 National Budget
The African National Congress (ANC) released a statement on 24 February 2026 outlining its expectations ahead of the 2026 National Budget. The statement focuses on fiscal stability, social protection, tax relief and stronger local government performance as South Africa prepares for the Budget tabling. What is happening? The ANC says the 2026 National Budget should: Consolidate fiscal stability Accelerate structural reforms Protect social spendi…
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