The postponement of the Minister of Finance’s 2025/26 National Budget Speech is a victory for the people of South Africa, as it prevents the implementation of a 2% VAT increase that would have broken the back of our economy.
The budget still needs to be tabled and we as South Africans need to show that we will not accept any new tax increases.
Tax increases are a short-term cash grab that will make life harder for ordinary South Africans, making food, transport, and daily essentials more expensive.