News24 The Lead

Tabling Budget 3.0 with Carol Paton

Loading player...
A whole new Budget 3.0 aims to include everyone's proper buy-in and you won't be taxed more on most goods you buy. But the DA and EFF's recent court case scrapping Finance Minister Enoch Godongwana's proposed VAT increase of 0.5% percentage points means that it's also back to the drawing board for Treasury to craft a whole new fiscal framework to be tabled before parliamentarians on 21 May. This was revealed during a rare Treasury media briefing attended by News24 writer-at-large Carol Paton: "All of that has to be redone. The finance minister has given us some hints: no new taxes. He did say he's cutting spending in the sense of finding savings … [but] he wouldn't say where he's going to find all of these savings." Later in the show, host Graeme Raubenheimer updates us on the stalled inquiry into advocate Dali Mpofu's legal conduct. And finally, a Jo'burg-based Indian classical dance school gets the Disney nod! Mail your comments and voice notes to thelead@24.com. Editions drop Monday through Thursday at 19:00 on Spotify, Apple, and YouTube.
Chapters
  • 00:01 Graeme's intro
  • 02:03 Interview with Carol Paton
  • 18:21 Trending topic: Mpofu inquiry stalled
  • 19:54 AD: Free audiobook
  • 20:51 And finally: SA Indian dance school
  • 21:53 AD: The Weekender
  • 22:22 Graeme's outro
30 Apr 2025 English South Africa News · Society & Culture

Other recent episodes

Your SA guide to understanding the US, Israel, Iran conflict

The conflict situation in the Middle East is fluid.South Africans in Dubai and Bahrain tell of the terror of Iran’s retaliatory strikes after Israel and the US took out Iran’s supreme leader. The traveller’s airspace is chaotic. And Pretoria’s allegiance to Tehran will be tested further. We cross to global…
4 Mar 22 min

Arrests as HIV funds wasted on probing health ministry whistleblower

Senior health department officials are facing the music for allegedly siphoning off around R1 million from the Global Fund, which is meant to assist in fighting HIV, TB and malaria, all to pay a so-called independent investigator to try and discipline an internal corruption whistleblower. Let our investigative journalist, Azarrah Karrim,…
3 Mar 22 min

Jetting off to London and then a fuel tender? Jeff Wicks investigates

Oh, no, it wasn't a gift… That's the insistence from former Ekurhuleni city manager Imogen Mashazi, who in 2022 hopped on a R3.5-million, privately chartered jet for a shopping spree in central London. And who did she share the luxurious flight with? Investigative journalist Jeff Wicks explains why this matters in the…
2 Mar 20 min

Two sides of a coin? Examining O’Sullivan and Mogotsi

Are they two sides of a similar coin? Parliamentarians have spent the past few weeks grilling the rather cryptic backgrounds of both investigator Paul O’Sullivan and information peddler Brown Mogotsi. The pair, in their own peculiar ways, have found themselves so embroiled in, or alleged in proximity to, all sorts of…
26 Feb 28 min

Tax breaks galore, reforms and economic growth forecast in Budget 2026

Don’t worry, folks, it appears 2026 is a good news Budget. In a nutshell, Treasury has spared us the pain of universal tax increases, while also introducing increases on tax-free thresholds for several investments. The economy, as many continue to celebrate, is turning the corner, so much so that the…
25 Feb 25 min
All episodes