Leader of South Africa’s DA Lauds New Budget as ‘Credible’

John SteenhuisenPhotographer: Stefan Wermuth/Bloomberg

The head of South Africa’s second-biggest political party said talks about the nation’s revamped budget “are going very, very well,” a signal that the coalition government is resolving differences that derailed the National Treasury’s previous tax and spending proposals.

What Finance Minister Enoch Godongwana “has succeeded in doing is a very good balancing act and I think we’re going to see a budget that will pass the house quite easily,” John Steenhuisen told reporters at the Nampo Harvest Day expo in the central Free State province Friday.