by O'Hagan Attorneys | Nov 5, 2025 | Economy, General Interest
On 24 October 2025, South Africa reached a major milestone when the Financial Action Task Force (FATF) officially removed the country from its list of jurisdictions under increased monitoring, commonly known as the “greylist.” South Africa was originally greylisted in...
by O'Hagan Attorneys | Mar 5, 2024 | Economy, Financial Planning
“Our bigger challenge… is that our pie is not growing fast enough and this limits our ability to generate sufficient revenues to distribute among our priority areas.” (Finance Minister Enoch Godongwana – Budget 2024) Finance Minister Enoch Godongwana’s third Budget...
by O'Hagan Attorneys | Mar 31, 2023 | Economy, Financial Planning
Finance Minister Enoch Godongwana’s 2023 Budget Speech has been widely described as “conservative.” Most experts agree that it contained few surprises and many feel that it didn’t do enough to address the myriad challenges facing the South African economy. While it’s...
by O'Hagan Attorneys | Jan 31, 2023 | Economy, tax
“Finally, we pay tribute to the millions of South Africans, whose resilience and courage during these times of pandemic and economic hardship, is an inspiration to all of us who have the privilege to serve in the public sector.” (From the 2022 Budget Speech) Finance...
by O'Hagan Attorneys | Jan 28, 2022 | Economy, tax
Finance Minister Enoch Godongwana has invited the public to share suggestions on the 2022 Budget he is expected to deliver on Wednesday 23 February 2022. The Ministry of Finance: “As usual, the budget allocation always aims to strike a balance between competing...
