💨 Abstract

Finance Minister Enoch Godongwana's 2025 Budget Speech was suddenly cancelled due to disagreements between parties within the Government of National Unity over budget proposals, including a proposed increase in Value-Added Tax. The new date for the Budget Speech is set for 12 March 2025, and the rand weakened following the postponement.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖