News

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.
South Africa's headline consumer inflation fell more sharply than expected in March, to 2.7% year on year from 3.2% in ...
A major sector that employs almost 500,000 South Africans is in trouble, and there’s a reason taxpayers should care.
The Minister of Finance, Enoch Godongwana, will soon formalise measures to reverse the highly contested and reviled VAT hike ...
The South African Democratic Teachers Union (SADTU) warned of strike action should the government continue slashing social ...
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JOHANNESBURG (Reuters) -South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, ...
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 ...