President Cyril Ramaphosa is due to convene a special Cabinet meeting on Monday to deliberate on the contentious Budget.
A different budget proposal is expected to be presented by Finance Minister Enoch Godongwana during the meeting, which is scheduled to begin at 2pm, according to several people with knowledge of the situation.
Due to continued difficulties among government unity partners regarding the proposed two percentage-point increase in VAT, the original Budget presentation was postponed last week and is now slated for March 12.
Speaker Thoko Didiza has announced that “parties” failed to reach an agreement over the proposed 2% VAT increase.
has also sent questions to the presidency for comment. Further details will be provided as the situation develops.
* This is a developing story.
