2025 Budget Speech Summary
Finance Minister Enoch Godongwana delivered South Africa’s 2025 National Budget Speech on March 12, 2025. The 2025 Budget Speech wasn’t as harsh as many feared, especially with rumours of a 2% VAT hike swirling around. Here’s a quick rundown of the main tax points: Economic Growth The economy grew by only 0.6% in 2024. Looking ahead, GDP growth is projected...