Finance Minister Promises Timely Submission of South Africa's 2026 Budget Amid Past Delays

Finance Minister Promises Timely Submission of South Africa's 2026 Budget Amid Past Delays

  • Finance Minister Enoch Godongwana assured the timely delivery of South Africa's 2026 Budget
  • This comes after the budget speech was delayed by almost a month, after the government and its GNU partners failed to reach an agreement
  • Social media users' reactions reflect public scepticism towards the upcoming budget and government actions

Justin Williams, a journalist at Briefly News since 2024, covers South Africa’s current affairs. Before joining Briefly News, he served as a writer and chief editor at Right for Education Africa’s South African chapter.

The minister said there would not be a repeat of last year’s fiasco
Minister Enoch Godongwana has promised South Africans that the 2026 Budget will be delivered. Image: Centralnewsza/X
Source: Getty Images

Finance Minister Enoch Godongwana has assured that South Africa’s 2026 Budget will be delivered and passed next month without delays, aiming to avoid a repeat of last year’s historic postponement.

Budget will be delivered and passed

The previous budget speech was delayed by almost a month after the government and its GNU partners, particularly the Democratic Alliance, failed to reach an agreement on key issues. Godongwana indicated that lessons learned from that experience are guiding efforts to secure broad support for the upcoming budget.

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Speaking on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, at the South Africa Night event, Godongwana framed this year’s international engagement as a departure from past messaging. He highlighted government achievements, including South Africa’s removal from the financial grey list and the stabilisation of public debt, which he said have strengthened the country’s appeal to investors.

Godongwana noted that these milestones demonstrate progress in economic management and investor confidence, despite the global environment remaining volatile. He cited international geopolitical uncertainties, including former US President Donald Trump’s suggestion of invading Greenland, but described such scenarios as unlikely to materialise. At WEF this year, the minister said, South Africa is presenting a narrative of change and economic stability.

South Africans weigh in

Social media users shared their opinions regarding the budget.

Jenny van der Hoff said:

"You’ve learned nothing in 30 years. What we the citizens have learned is that you talk in the future tense - but what you’ve done is past tense - and you are evaluated on past performance."

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Ntate Sebati said:

"I hate the fact that you have to consult the West for approval, it will not reflect nation building but protect the West's interests."

Keith Harding said

"Brace for a VAT Increase to cover the ANC MEC 3.8% pay increase. It will kick in 1 April."

Eugene Rosant said:

"First receive the master's instructions."
The delay of almost a month was due to the Government and their GNU partners, particularly the Democratic Alliance, unable to reach consensus on key issues.
The minister stated that he is working closely with the relevant parties to ensure they have a well-supported budget. Image: MDNnews/X
Source: Getty Images

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Authors:
Justin Williams avatar

Justin Williams (Editorial Assistant) Justin Williams joined Briefly News in 2024. He is currently the Opinion Editor and a Current Affairs Writer. He completed his Bachelor of Arts (BA) degree in Film & Multimedia Production and English Literary Studies from the University of Cape Town in 2024. Justin is a former writer and chief editor at Right for Education Africa: South African chapter. Contact Justin at justin.williams@briefly.co.za