EFF leads ‘VAT Victory' march to national treasury
Julius Malema's EFF will lead what it calls a 'VAT Victory' march to the National Treasury on Monday to celebrate the scrapping of the controversial VAT increase ahead to the tabling of the third national budget
The EFF will lead what it calls a 'VAT Victory' march to the National Treasury in Pretoria on Monday morning, celebrating what the party deems a major triumph for the people of South Africa.
The demonstration follows the Western Cape High Court's decision to suspend the proposed VAT increase and set aside the 2025 Fiscal Framework and Revenue Proposals.
The court ruled that the adoption of the framework by the Standing Committee on Finance and the National Assembly was unlawful — a legal challenge spearheaded by the EFF and supported by the Democratic Alliance.
The EFF credited its efforts in Parliament and the courts for blocking the proposed half-percentage point increase in VAT, a move it argues would have disproportionately affected the country's poor and working-class citizens.
The march will begin at the Union Buildings and proceed to the National Treasury, just two days before Finance Minister Enoch Godongwana is scheduled to table his third national budget of the year in Cape Town.
Road closures are expected along Stanza Bopape, Madiba, Paul Kruger, and Lilian Ngoyi streets.
Meanwhile, Finance Minister Enoch Godongwana, will deliver the national budget. This will be third time that he will deliver the budget this year.
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