Cape Town – The ANC and DA are close to reaching an agreement on the national budget, with smaller parties already on board, sources have reportedly said.
This comes ahead of the finance portfolio committee meeting, which will finalise a report before Wednesday’s vote on the 2025 fiscal policy framework.
According to EWN, despite earlier opposition, ActionSA has agreed to support the ANC’s budget proposal, though it plans to propose an alternative to the 0.5 percentage point VAT hike.
The DA reportedly sees ActionSA’s role as a backup for the ANC in case negotiations between the two main parties fail, the report said.
BOOM BOOM BOOM 💥💥💥
The ANC and DA have reached a deal in the budget speed bump that nearly
derailed the GNU. At long last the DA has got what it wanted the devolution of PRASA. Basically the DA will run the trains in Western Cape. Amongst many other things. The DA will… pic.twitter.com/uu4zUCKYU7— Goolam (@goolammv) March 31, 2025
“The ANC has agreed to some of the DA’s terms, but remember it was not only the DA – all GNU partners were involved. We are talking about comprehensive reviews of expenditure and the decentralisation of authority over ports and rail,” the report quoted an ANC insider as saying.
Initially, the DA opposed the VAT hike, sparking fears of a collapse within the Government of National Unity (GNU). However, ongoing negotiations suggest a deal is near, ensuring the coalition’s stability, the report said.
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Compiled by Betha Madhomu
