DA leader John Steenhuisen has rejected an analyst’s criticism that the budget upset on Wednesday could partly be attributed to the failure of the DA and smaller parties in the government of national unity (GNU), to demand details of the proposed tax increases much earlier than the day it was being delivered, to allow for negotiations.

The tabling of the budget was postponed to March 12 because of strong opposition by the DA and other parties to a proposed two percentage point increase in the VAT rate from 15% to 17%, which was disclosed during a cabinet meeting on the day...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.