Latest news with #BudgetandFiscalFramework

IOL News
11-06-2025
- Business
- IOL News
MK Party's motion to censure Minister Godongwana fails in Parliament
The MK Party's motion to censure Finance Minister Enoch Godongwana over his alleged mishandling of the Budget garnered just 48 votes in favour, while 250 from other parties opposed the motion. Image: Armand Hough / Independent Newspapers Parliament on Tuesday rejected the MK Party's motion to censure Finance Minister Enoch Godongwana over his alleged mishandling of the Budget. This was after MPs voted on the matter following a debate in a mini-plenary that took place last Friday after the party's former chief whip, Mzwanele Manyi, tabled a motion last month. In its draft resolution, the MK Party urged the National Assembly to note with grave concern that Godongwana allegedly mishandled the national Budget process. It stated that the mishandling of the Budget process included the unprecedented postponement of the tabling of the national Budget and the Budget and Fiscal Framework, which contained the regressive and unpopular VAT increase. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ According to the party, Godongwana should have been censured for the mishandling of the Budget process as 'these events collectively demonstrate a failure to uphold the constitutional principles of accountability, public participation, and sound financial management'. As the voting commenced on Tuesday, MK Party's new chief whip Colleen Makhubele asked for the division of the House. This prompted DA chief whip George Michalakis to enquire whether the party that moved the motion could ask for a division if it was backing it. House chairperson Werner Horn said the division of the House was allowed in line with the rules. 'If any four or more members demand the division, division is to be given effective,' Werner said. Announcing the voting results, Werner said the MK Party's motion garnered just 48 votes in favour, while 250 from other parties opposed the motion. 'The question is accordingly not agreed to,' Horn said when announcing the voting results. Only the MK Party with its 46 votes and a vote each from the ATM and United African Transformation backed the motion. The ANC, DA, EFF, IFP, Patriotic Alliance, Freedom Front Plus, ActionSA, ACDP, UDM, Rise Mzansi, and the National Coloured Congress voted against. The Good Party, BOSA, PAC, and Al Jama-ah were not present during the vote.

Zawya
30-04-2025
- Business
- Zawya
South Africa: Parliament Ready to Process Revised Budget
The Speaker of the National Assembly (NA), Ms Thoko Didiza, today reiterated Parliament's readiness to process and adopt the revised Budget and Fiscal Framework swiftly and responsibly within the legally prescribed timeframe and in full compliance with its constitutional and legislative obligations. Chairing the National Assembly's Programme Committee this afternoon, the Speaker confirmed that the Minister of Finance, Mr Enoch Godongwana, will table the revised Budget and Fiscal Framework in the NA on 21 May 2025. The committee agreed that the sitting would be a physical meeting. The Speaker reaffirmed the timeframes for budget approval prescribed in the Money Bills Amendment Procedure and Related Matters Act and emphasised that every effort will be made to ensure that government operations continue seamlessly and that the principles of accountability and sound financial governance are upheld. She assured the public that the process in Parliament will be transparent and in full compliance with the law as the institution fulfils its constitutional mandate. Distributed by APO Group on behalf of Republic of South Africa: The Parliament.