PRETORIA - As South Africans waited for the votes on the budget to be tallied. The ANC got its way and the budget has now been passed.
WATCH | Finance Minister Enoch Godongwana comments on 2025 budget
Members of Parliament vote in favour of the 2025 budget. 194 MPs voted in favour while 182 voted against.
According to Dawie Roodt, Chief Economist of the Efficient Group, there will be a rise in personal income taxes due to the large hole in the fiscal account and high fiscal debt levels.