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South African News

BREAKING NEWS: Budget Speech 2025 postponed

Staff Reporter|Published 2 months ago

Finance Minister Enoch Godongwana. Picture: Reuters, Shelley Christians

SOUTH Africa’s Minister of Finance, Enoch Godongwana, was meant to deliver his much anticipated 2025 Budget Speech in Parliament, Cape Town today.

Things took a turn for the worst, however, as it was announced that Godongwana’s Budget speech will be postponed until further notice.

This comes after a disagreement between parties within the Government of National Unity (GNU) on the proposals within the budget.

The executive decided to adjourn and postpone the National Assembly’s sitting to allow enough time to reassess the budget.

It was announced that the budget would take place some time in March.

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