South Africa’s Budget 2025 finally presented after a GNU stalemate—yet it remains contested

SOUTH AFRICA - Report 13 Mar 2025 by Iraj Abedian

Finance Minister Enoch Godongwana delivered Budget 2025 yesterday, which was also the first budget under the relatively new Government of National Unity (GNU). The significant shift in South Africa’s political administration has been most evident in the events leading up to this year’s budget announcement. Perhaps the most striking development was the unprecedented last-minute postponement of the budget announcement, which traditionally takes place at the end of February. This delay was not merely procedural but a direct result of internal disagreements within the Government of National Unity (GNU) over key fiscal policy decisions. The postponement highlights the complexities and challenges of coalition governance, particularly in aligning diverse political interests on critical fiscal policies.

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