BUDGET 3.0 (21 MAY 2025)
Budget 3.0: Godongwana’s Make-or-Break Moment.
Finance Minister Enoch Godongwana is returning to Parliament to table his third attempt at a national budget this year. His first two efforts failed, largely due to a proposed VAT increase that triggered legal action, political revolt, and nearly collapsed the coalition government. Now, with VAT hikes officially scrapped, all eyes are on how he plans to plug a R75 billion budget hole without triggering economic or political meltdown.
If Budget 3.0 fails again, automatic spending ceilings could kick in, slashing funding to
critical services…
The skinny
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