amir

With the Fiscal Framework and Revenue Proposals adopted on 2 April 2025, the next stages of the budget process will determine how public funds are distributed and spent. These decisions impact essential services, infrastructure, and economic programs across the country. Understanding this process helps businesses, organizations, and policymakers anticipate financial shifts and make informed decisions. […]

Draft Money Act Rules Aim to Boost Financial Oversight A draft of the 2025 Money Act rules proposes tighter financial regulations, stronger compliance, and enhanced transparency. Key features include stricter recordkeeping, due diligence, digital transaction oversight, and expanded regulatory powers. The rules also promote international cooperation against illicit finance. Stakeholder feedback is invited before finalization. […]

MK Party Rejects 2025 Fiscal Framework, Proposes Alternatives The uMkhonto weSizwe (MK) Party has rejected the 2025 Fiscal Framework, criticizing optimistic growth forecasts, a proposed VAT hike, and the lack of inflation-linked tax bracket adjustments. It warns these measures hurt lower-income households and erode disposable income. The party also questions the effectiveness of fiscal consolidation […]

ActionSA Backs ANC on VAT Hike, DA Criticizes Move ActionSA has supported the ANC in approving a 1% VAT increase over two years, drawing sharp criticism from the Democratic Alliance (DA). The DA opposed the hike, arguing it will raise living costs and block needed fiscal reforms. It accused ActionSA of reversing its stance and […]