Budget 3.0 — ‘Downward spending revisions’, fuel levy hike and undisclosed 2026 tax proposals to fill VAT gap and bridge the GNU divide

Sars boss unpacks Budget 3.0

Business Day TV spoke with SA Revenue Service commissioner Edward Kieswetter

Budget 3.0: Godongwana maintains focus on health, education – The Mail & Guardian

In his 2025 budget speech presented on Wednesday, Finance Minister Enoch Godongwana opened the section on public services with a sobering account of South Africa’s crumbling healthcare system.  He read aloud from an open letter written by Sarah Stein, a medical student at the University of Cape Town.  Her words painted a bleak picture of life on the front lines — delivery rooms without gloves, nurses having to buy their own protective gear, and …

Budget 3.0: Alcohol and cigarette prices will increase — here's by how much

Excise duties on alcohol and cigarettes will still go up, as industry leaders say the increase was already at the maximum.

Budget 3.0 — ‘Downward spending revisions’, fuel levy hike and undisclosed 2026 tax proposals to fill VAT gap and bridge the GNU divide

The bottom line is that a scalpel has been deftly wielded instead of a chainsaw, but economists and the markets will welcome the National Treasury’s commitment to spending within its limited means.

Budget 3.0: FinMin Godongwana's Budget speech in full

South Africa’s 2025 Budget keeps VAT at 15%, boosts social spending and infrastructure, and aims for fiscal stability amid global headwinds.

The best news about Finance Minister Enoch Godongwana's Budget 3.0 is that the government of national unity (GNU) survived the crisis.