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Budget 2025 | DA and ANC near deal to pass controversial budget with VAT hike, Expropriation Act untouched


Published on 2025-03-31 06:21:00 - IOL
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  • Negotiations between the ANC and DA negotiating teams regarding the budget resumed on Sunday afternoon, following a stalemate on Friday that threatened the stability of the coalition government.

The article from MSN discusses the ongoing negotiations between South Africa's Democratic Alliance (DA) and the African National Congress (ANC) regarding the 2025 budget. The DA, which has been critical of the ANC's economic policies, is reportedly close to agreeing on a budget that includes a controversial VAT hike. This budget also leaves the Expropriation Act untouched, a point of contention as it allows for land expropriation without compensation. The DA's potential support for the budget comes with conditions, including commitments to economic reforms and anti-corruption measures. The negotiations highlight the delicate balance of power in South African politics, where economic stability and policy reforms are at the forefront of political bargaining.

Read the Full IOL Article at:
[ https://www.msn.com/en-za/politics/government/budget-2025-da-and-anc-near-deal-to-pass-controversial-budget-with-vat-hike-expropriation-act-untouched/ar-AA1BYKt1 ]