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

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

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

Finance Minister for South Africa don announce di cancellation of di proposed VAT, in a statement dated 24 April 2025.

The finance minister has warned that spending cuts or a rise in other taxes could follow.

The government’s severe fumbling of the 2025 budget has left South Africa bruised, with businesses flushing money down the ...

The government’s severe fumbling of the 2025 budget has left South Africa bruised, with businesses flushing money down the ...

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The South African Democratic Teachers Union (SADTU) warned of strike action should the government continue slashing social ...

JOHANNESBURG (Reuters) -South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, ...

Though ‘severely damaged and dented’, it remains possible that the GNU will endure, analyst says. South Africa’s coalition ...

One of the commitments in the National Development Plan Vision 2030 is to eradicate food poverty by 2030,' stated Hendricks.