Finance Minister Enoch Godongwana opened his budget speech with a public apology to both Parliament and the people of South Africa, acknowledging the delays in the presentation of the national budget, Cape {town} Etc reports. He referred to the postponement as ‘a regrettable but perhaps understandable feature of multiparty governance.’ In his address, Godongwana provided a blunt overview of South … Continue reading VAT set to increase to 16% by 2026/27