Legal experts say the reversal of the planned VAT hike in South Africa faces a massive hurdle, given that the fiscal ...

The Democratic Alliance (DA) and African National Congress (ANC) are set to meet on Friday for another round of talks amid ...

The African National Congress (ANC) has rejected and condemned the Democratic Alliance’s (DA’s) political approach following ...

The SRD grant is only financial support available to unemployed people in South Africa. Payments are now being made for April ...

Godongwana refuses to resign after withdrawing the VAT hike, despite political backlash and controversy over the tax decision ...

DA leader John Steenhuisen asserts that the reversal of the VAT increase is a direct result of their legal challenge, while other parties claim credit for the decision ...

Despite US treasury secretary’s presence, G20 talks showed wide rifts on trade issues. Global trade tensions have become “so ...

A two-day meeting of Group of 20 finance ministers and central bank governors ended in Washington on Thursday with concerns ...

South Africa's finance minister has dropped plans to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. Enoch Godongwana's decision came after ...

Enoch Godongwana has decided to reverse the VAT increase as DA's Helen Zille claims an out-of-court settlement offer has been ...

The VAT rollback has opened a massive fiscal gap and experts say curbing wasteful SOE spending is now unavoidable.

Following the announcement by Finance Minister Enoch Godongwana to abandon the proposed VAT increase, the South African rand has shown signs of recovery, gaining value against the US dollar. This ...