Budget Blowout Leaves SA Markets in Mayhem

The leaders of South Africa couldn't agree on their big-money plan for 2025, which worried many people. They had to change the date when they would tell everyone about this plan.

Mr Enoch Godongwana was supposed to talk about how South Africa would spend its money on Wednesday at 2 o'clock. The leaders disagreed about making people pay more tax when they buy things from shops. This made them cancel the big meeting.

This has never happened before in South Africa since people started voting for their leaders. The head of a big business group, Mr Khulekani Mathe, thinks the leaders should have told everyone earlier that they needed more time. He believes this would have made people trust the money team less.

Many business people feel scared because they don't know what will happen. Mr Mathe said the leaders should have worked harder to agree before the special day came.

On Wednesday morning, Mr Godongwana met with people who write news stories. He told them something unusual was happening because he hadn't talked to other important leaders yet. He explained that he always shows these leaders the money plan before telling everyone else about it.

The leaders will meet again on March 12 to try again. They want to make sure they agree on the best way to use South Africa's money to help everyone in the country.
 

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