South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalition

Parliament’s Speaker said it was the first time the presentation had been cancelled over such a disagreement since the end of apartheid.

South Africa on Wednesday pushed back the coalition government's first national budget speech to parliament in a shock move following internal pressures over tax hikes. After ruling South Africa alone since the end of apartheid in 1994,