DA loses VAT fight, accuses ANC and ActionSA of betraying the country

BN Briefing: Trollip, Roodt on teetering GNU; Historic DA recruit; Fort Hare Duo; Trump Tariff Day

In this episode of the BizNews Briefing we look at two sides of the collapsing Government of National Unity – ActionSA’s Athol Trollip on why his party threw the ANC Budget a lifeline and economist Dawie Roodt explains why the DA must hold firm against the proposed VAT increase. We speak to the ‘historic’ switch to the DA by the ANC Leader in Cape Town; Insights from the Fort Hare lawyers/investigators yesterday targeted for more State-applied a…

DA loses VAT fight, accuses ANC and ActionSA of betraying the country

Discussion | DA considers its position in the GNU

Discussion | DA considers its position in the GNU Tebogo.Kganakga Wed, 04/02/2025 - 19:40 CAPE TOWN - DA takes its budget fight to court. Party leader John Steenhuisen says they will file papers at the Western Cape High Court to challenge the budget.He says the VAT hike will make life more expensive. The national assembly has voted to adopt the budget.194 MPs voted in favour while 182 voted against.There were no abstentions.Economist Azar Jammi…

GNU in turmoil as DA accuses ActionSA and ANC of betrayal over budget deal

The DA’s future in the Government of National Unity now seems uncertain after ActionSA offered the ANC its support to pass the budget.   During a finance committee meeting yesterday, the ANC and IFP – both GNU parties – voted in favour of a recommendation tabled by ActionSA – who is not in the coalition.   This includes the scrapping of the 0.5% VAT increase for the 2025/26 year. The recommendation includes that the […]

DA Slams ANC-ActionSA alliance over VAT hike betrayal

On April 1, 2025, the Democratic Alliance (DA) criticised ActionSA for collaborating with the African National Congress (ANC) to approve a 1% increase in Value-Added Tax (VAT) over the next two years, arguing that this decision will exacerbate the financial burden on South Africans, says the DA. The DA highlighted its efforts to negotiate a budget aimed at fostering economic growth, creating jobs, reducing governmental waste, and preventing VAT …