2025 Budget Review: Key Updates
The Minister of Finance, Mr. Enoch Godongwana, has announced that the 2025 Budget Review will be re-tabled on Wednesday, 21 May 2025. This revised budget will include the Fiscal Framework, Appropriation Bill, Division of Revenue Bill, and amendments to revenue laws. The decision follows the reversal of a proposed 0.5% increase in the Value-Added Tax (VAT) rate, which will remain at 15%.