What threw the cat among the pigeons on Wednesday was the government proposed a surprise 2% increase in VAT to help pay for its increased spending plans. This proposal led to the unprecedented ...

Unlike the government, consumers battling with the high cost of living and a mountain of debt cannot increase their income ...

While I support the tax bill, the VAT rate must remain unchanged. Any increase, even by 0.5%, will worsen inflation, and I can demonstrate this to anyone,” Alaje said.

The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7.5 percent due to inflation remaining ...