Trending News

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New Syrian Leadership Prepares to pick up Shattered Pieces

New Syrian Leadership Prepares to pick up Shattered Pieces

ByYacoob Cassim February 14, 2025 Trending News
Syria’s new transitional leadership have their work cut out for them. They are starting to rebuild...
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Crime Makes Living in Durban a Hazard

Crime Makes Living in Durban a Hazard

ByYacoob Cassim February 10, 2025 Trending News
Ramaphosa highlights Plans and Partnerships in SONA for South Africa and South Africans

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ByYacoob Cassim February 7, 2025 Trending News
Arab Nations reject Deplorable Proposal by Trump to Move Gaza Palestinians to neighbouring Countries

Arab Nations reject Deplorable Proposal by Trump to Move Gaza Palestinians to neighbouring Countries

ByYacoob Cassim February 4, 2025 Trending News
Good News for Durban Tourism and Law Enforcement

Good News for Durban Tourism and Law Enforcement

ByYacoob Cassim February 3, 2025 Trending News
In Gaza Palestinian detainees return following Israeli Hostages release “what happens next?” is dreaded question

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ByYacoob Cassim January 31, 2025 Trending News
Ramaphosa Approves Expropriation Bill Controversy Awaits

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ByYacoob Cassim January 28, 2025 Trending News

Technology

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Ramaphosa Plans to Go Digital with Government and Public Services

Ramaphosa Plans to Go Digital with Government and Public Services

ByYacoob Cassim February 11, 2025
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The New Preaching Human, AI and Robotics working together

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ByYacoob Cassim December 17, 2024
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As Advanced Technology Moves to its Fifth Phase Jobs are threatened

As Advanced Technology Moves to its Fifth Phase Jobs are threatened

ByMuhammad Salaahuddin November 20, 2024
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Artificial Intelligence (AI) and the 4lR Face barriers in Progress for SA

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ByYacoob Cassim October 22, 2024
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As the Fourth Industrial Revolution is Under Way a Dark Path Will be Chartered

As the Fourth Industrial Revolution is Under Way a Dark Path Will be Chartered

ByYacoob Cassim September 23, 2024
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The President Looks to Municipalities to introduce Green Energy to South Africa

The President Looks to Municipalities to introduce Green Energy to South Africa

ByYacoob Cassim August 28, 2024
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President looks to decrease VAT promises High Speed Trains

President looks to decrease VAT promises High Speed Trains

ByYacoob Cassim July 29, 2024
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South African Schools to Include Coding and Robotics in the Curriculum

South African Schools to Include Coding and Robotics in the Curriculum

ByYacoob Cassim June 28, 2024
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Technological Advancement is high on Politicians’ agenda

Technological Advancement is high on Politicians’ agenda

ByYacoob Cassim May 2, 2024
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Sports

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Kaizer Chiefs attracts New Recruits Options for Price being weighed

ByYacoob Cassim February 19, 2025
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South African Women’s team out of World Cup and Competition for Tournament Dates for Next Three Years by Betway SA20

South African Women s team out of World Cup and Competition for Tournament Dates for Next Three Years By Betway SA20

ByYacoob Cassim February 5, 2025
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Rugby Star Mapimpi in trouble over Scuffle while SA Rugby faces Challenges in 2025

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Morocco to Hold Africa Cup of Nations, while Kaizer Chiefs Acquires New Players

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Lifestyle

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History & Discovery

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Business

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For the first time in South Africa’s history, in an unprecedented move by the government of President Cyril Ramaphosa not seen since the dawn of Democracy the Budget speech has been postponed. The joint session of Parliament in the City Hall of Cape Town was in uproar. They were left reeling from the postponement with a bitter taste in the mouths. The news was broadcasted across the country yesterday afternoon as National Assembly Speaker Thoko Didiza delivered the announcement that the tabling of the Budget Speech for 2025/2026 has been postponed to a later date. Finance Minister Enoch Godongwana was due to deliver the Budget speech to parliament. Even before then there was concern about increased taxes. “I have just had a consultation with all the Whips of parties following a consultation with the leader of government business (Andrew Garfield Whitfield). In terms of rule 48 sub-section 2, we have decided to adjourn proceedings for a date to be determined by the programming committee. This is in accordance with rule 10. “Before we started the session, we were informed by the leader of government business…that while we have gathered here to have the Minister of Finance presenting the budget to this august House, there has not been agreement in terms of parties in the executive to actually find one another in proposals of the budget…about where there are possible increases. “Cabinet therefore decided not to come and do a presentation of the budget and allow themselves enough time to relook at the budget and come back to this House in March at the time at which they will inform us,” she said. These were National Assembly Speaker Didizia’s words on the postponement. The purpose for the sudden postponement was that coalition members of the Government of National Unity (GNU) had opposed an increase on the Value Added Tax (VAT). This would raise the price on almost all goods and services produced. The risk was to see it implemented at a time when most consumers had to contend with rising inflation. The Congress of South African Trade Unions (Cosatu) the country’s largest trade union federation had already warned they would resort to nation-wide strikes over any proposed increases to tax income. The build-up of outrage was already being felt by every sector of South African society. The threat by the Democratic Alliance to with draw from the governing coalition was a serious matter. It could have undermined the hold on power by the African National Congress (ANC) and led to the dissolution of the government and parliament. New elections would have taken place. Ahead of the speech, reports surfaced that the Value Added Tax (VAT) was set to increase by 2% to 17%. However, because of disagreements within parties who are part of the Government of National Unity (GNU), the budget was postponed. The Economic Freedom Fighters (EFF) said they reject any increases in VAT which will place the burden of revenue generation on the poor! Speaker of Parliament Thoko Didiza said party chief whips held a meeting and agreed to a postponement so that they can reach a consensus over contentious issues, including the reported VAT increase. Protocols were followed, however there will be a hike in volatile public outrage over the increase being proposed to the VAT. This would have been nothing compared to the outpouring of anger had Minister of Finance Enoch Godongwana gone ahead with the speech. It would have been a funeral march for the president and the government. The EFF and Umkhonto We Sizwe (MK) would have called on their supporters to stir up chaos. A consensus would definitely have been needed to avert political unrest over the budget speech delay. However, the government has responsibility to reduce unnecessary expenditure. State fiscal policy must not shift the burden of the government leadership’s lack of responsibility on the people.

Budget Speech Delayed in Unprecedented Move Shockwaves Radiate

ByYacoob Cassim February 20, 2025 Business
For the first time in South Africa’s history, in an unprecedented move by the government of...
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South Africa’s Business Relations with United States Take Sour Turn

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ByYacoob Cassim January 16, 2025 Business

Food

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Expired Food in Durban is being taken out while crime leads to a shootout: three dead

ByYacoob Cassim November 25, 2024
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ByMuhammad Salaahuddin February 28, 2024
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Automotive Trends

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ByMuhammad Salaahuddin February 28, 2024
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Recipes

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Bol Renverse

Bol Renverse

ByBibi Aysha Laher February 21, 2025 Recipes
Cooking With Bibi Aysha Date: Thursday, 20 February 2025Topic: Eating in Mauritius Recipe: Bol...
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Homemade Almond Roca

Homemade Almond Roca

ByBibi Aysha Laher February 7, 2025 Recipes
Homemade Toffee Apples

Homemade Toffee Apples

ByBibi Aysha Laher January 31, 2025 Recipes
Tzatziki with carrot, cucumbers & pita

Tzatziki with carrot, cucumbers & pita

ByBibi Aysha Laher January 17, 2025 Recipes
Orange & pineapple juice

Orange & pineapple juice

ByBibi Aysha Laher January 10, 2025 Recipes
Iced Ginger Tea

Iced Ginger Tea

ByBibi Aysha Laher December 21, 2024 Recipes,Uncategorized
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