South Africa's Budget 2025: Sin taxes adjusted above the expected inflation rate
According to the 2025 National Treasury Budget Review document, government is proposing to increase excise duties on alcoholic beverages by 6.75%, while the tobacco excise duties are expected to increase by 4.75% for cigarettes, cigarette tobacco, and electronic nicotine and non-nicotine delivery systems (“vaping”).
South Africa’s 2025 budget – everything you need to know
Finance Minister Enoch Godongwana delivered the 2025 National Budget Speech on Wednesday (12 March). The budget addressed several key points, including the country’s current economic status, growth projections, substantial debt servicing costs, proposed increases in VAT and sin taxes, and the continuation of the social relief grant.
Fitch ratings agency said on Friday that it thought South Africa's government would struggle to stabilise debt as projected ...
While Finance Minister Enoch Godongwana's budget delivered on Thursday, 12 March, provides some welcome support to the mining ...
“The South African government destroys approximately R200 billion annually by borrowing long-term and spending it on ...
A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...
The DA refuses to back Budget 2025, rejecting VAT hikes and pushing for pro-growth policies. Can the GNU force real economic ...
Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...
Budget, tabled by Finance Minister Enoch Godongwana on Wednesday, 12 March, is good news for South African taxpayers.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback