By Johnathan Paoli
Labour has welcomed the postponement of Finance Minister Enoch Godongwana’s annual Budget Speech, in light of his intention to increase the value- added tax by 2 percentage points.
The Federation of Unions of SA acknowledged the postponement as indicative of the nature of a complex coalition government, saying it was important that there was a thorough deliberation on fiscal policies that impacted all South Africans.
“Fedusa has consistently expressed concern over tax hikes that disproportionately affect workers and low-income households, especially amidst the prevailing economic challenges, including a crippling cost of living crisis,” Moleya said in a statement.
She said the federation commended the government’s commitment to transparency and inclusive dialogue, and remained hopeful that this period would allow for the development of equitable fiscal strategies that prioritised economic growth, job creation and the welfare of all citizens.
“Fedusa stands ready to engage constructively with all stakeholders
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