South African budget delay over VAT hike shows cracks in coalition
Mtambo CAPE TOWN (Reuters) - South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed over raising value-added tax, an unprecedented delay that caused the rand and government bonds to fall.
South Africa's finance minister fails to unveil budget after tax row
South Africa's Finance Minister Enoch Godongwana has been forced to postpone the unveiling of the national budget following sharp disagreements within the coalition government. Coalition partners derailed his budget after opposing his plan to raise value-added-tax (VAT),
South Africa’s budget postponed for first time after cabinet rift
Officials say pro-business Democratic Alliance and senior figures in African National Congress objected to VAT rise
South African budget postponed as coalition partners disagree
South Africa's national budget was postponed at the last minute on Wednesday because of a disagreement between the political parties in the ruling coalition government. The speaker of the National Assembly,
South Africa abruptly cancels budget speech over dispute in governing coalition
The South African government's annual presentation of its budget was abruptly canceled Wednesday and rescheduled for next month over a dispute among parties in the governing coalition. The finance minister's budget speech normally takes place in February.
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