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Opposition parties reject Budget 3.0, say it has failed poor
Cape Argus
|May 23, 2025
THE EFF, uMkhonto weSizwe Party (MK Party), the African Transformation Movement (ATM), Cosatu and the Federation of Unions of South Africa (Fedusa) have all expressed strong dissatisfaction with the 2025 National Budget, dubbed Budget 3.0, which was tabled by Finance Minister Enoch Godongwana on Wednesday.
The organisations have vowed not to support the passing of the Budget in Parliament. They criticised the Budget for its failure to address the country's pressing issues, including unemployment, poverty, and inequality.
In tabling the reviewed Budget, Godongwana confirmed that the VAT hike was scrapped, but announced an increase in fuel levies for motorists.
The EFF rejected the Budget outright, describing it as "weak, misguided, and utterly disconnected from the lived reality of South Africans".
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