Media

During its meeting on 5 November 2025, the Federal Council adopted the dispatch on the double taxation agreement (DTA) with Zimbabwe. The agreement will create legal certainty for the further development of bilateral economic relations and tax cooperation between the two countries.

The state visit by President Cyril Ramaphosa is serving as an opportunity for Switzerland and South Africa to strengthen relations. On Wednesday, 29 October, five documents on future cooperation were signed. Prior to that, the South African president was received by the full Federal Council. Official talks focused on bilateral relations and cooperation between the two countries at international level.

The Federal Council took note of the current end-September extrapolation on 29 October 2025. The Confederation is reckoning on a financing deficit of CHF 0.6 billion for this year. The expected deficit is thus likely to be CHF 0.4 billion higher than forecast in the June extrapolation. However, the deficit is smaller than originally budgeted.