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South Africa’s Finance Minister Enoch Godongwana has indicated that the national budget may undergo further revisions following discussions on a contentious VAT increase proposal. Most major political parties oppose the …
South Africa’s Finance Minister Considers Budget Revisions Amid Political Challenges Read More
South Africa’s VAT will increase to 16% by 2026/27, following increments of 0.5 percentage points in 2025 and 2026. Finance Minister Enoch Godongwana justified the tax hike as necessary for …
South Africa’s VAT Increase: Implications for Essential Services and Households Read More
South Africa’s Finance Minister Enoch Godongwana remarked that the national budget may be further adjusted as political discussions continue over a proposed VAT increase. Major parties, particularly the Democratic Alliance, …
Potential Adjustments to South Africa’s Budget Amid Political Discussions Read More
The National Assembly of Kenya has approved Sh405 billion for county governments in the 2025/26 financial year, as part of the Budget Policy Statement. Key allocations include Sh69.8 billion for …
Kenya’s Parliament Approves Sh405 Billion Allocation for Counties in 2025/26 Read More
Finance Minister Enoch Godongwana presented South Africa’s 2025 Budget, which includes a VAT increase, significant allocations for social grants, health care, and public infrastructure, as well as reforms aimed at …
Overview of South Africa’s 2025 Budget Key Takeaways Read More
South Africa plans to invest over 54.5 billion USD on public infrastructure over the next three years to stimulate economic growth. Minister of Finance Enoch Godongwana presented the budget, emphasizing …
South Africa Announces 54.5 Billion USD Infrastructure Investment Plan Read More
South Africa’s 2025 budget is facing last-minute negotiations, having been postponed due to disagreements over a VAT increase. The Democratic Alliance opposes the increase, creating a political impasse. Although the …
South Africa’s Budget Negotiations Extend to Last Minute Before Presentation Read More
Minister of Finance Dr. Cassiel Ato Forson presented the 2025 Budget, emphasizing the need for bold economic decisions. He highlighted the government’s goals to reshape Ghana’s economy and improve social …
2025 Budget Presentation: Key Insights from Minister Ato Forson Read More
Iraq’s 2025 budget is expected to be presented to Parliament before March ends, following a collaborative agreement among the key financial bodies. The Ministry of Finance will submit budget tables …
Iraq’s 2025 Budget Expected to Reach Parliament Before March’s End Read More
South African SMEs are confronting challenges such as loadshedding and rising fuel prices, compounded by concerns over US-South Africa relations. With the National Budget Speech approaching, stakeholders are eager to …
Anticipating Relief for South African SMEs in the Upcoming Budget Read More