By Karin Strohecker and Colleen Goko WASHINGTON (Reuters) -South African Finance Minister Enoch Godongwana said on Thursday ...

The DA claiming victory over the national treasury’s withdrawal of the VAT hike has pitted it against the majority of its ...

National Treasury announced that government had backtracked on its plan to raise VAT by 0.5% next month but also warned that tough spending decisions lie ahead to fill a R75 billion budget gap.

Government could find the money by cutting in areas where there is a lot of fat and wastage, but not in health, police or education.

Prime Minister K P Sharma Oli will address the summer session or budget session of Nepal parliament, which will begin from Friday. President Ramchandra Paudel summoned the session for 1:00 p.m. after ...

The Democratic Alliance has claimed credit for the about-turn by the treasury on the tax, saying its legal team had presented a strong case against the flawed parliamentary process used to adopt the f ...

The Economic Freedom Fighters (EFF) notes and welcomes the decision by the incompetent Minister of Finance, Enoch Godongwana, and the National Treasury to withdraw the misguided, ill-conceived, and ...

The Economic Freedom Fighters have called for the immediate resignation of Finance Minister Enoch Godongwana over the Value ...

Besides walking back a planned value-added tax (VAT) hike, the National Treasury will have to return to the drawing board to ...

Majority of the smaller parties in the Government of National Unity have slammed the Democratic Alliance for claiming the ...

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...