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But the messy business of making individual spending cuts could be delayed until later in the year by having a much lower target in the Senate budget resolution that will then be sent to the House.

Finance Adviser Salehuddin Ahmed assured that the upcoming national budget will be business-friendly, incorporating a favorable tax policy to boost investment, GDP growth, and employment generation.

The ANC has secured a majority in the Standing Committee on Finance to adopt the budget framework report, with “recommendations”, but no guarantees. This follows a strained debate in the ...

Fox Business Network host Charles Payne said the apparent decline in consumer spending was “shocking” on Friday, and he claimed a return to “boom times” was not on the horizon.

Democratic Alliance (DA) leader John Steenhuisen has stated, in no uncertain terms, that his party will not support the revised 2025 Budget. Following the tabling of the budget by Finance Minister ...