Discover the implications of the unprecedented postponement of South Africa's 2025 Budget Address, as experts weigh in on its potential effects on the economy and taxpayers.

South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalition.

South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed over raising value-added tax, an unprecedented delay that caused the rand and government bonds to fall.