After a fierce public backlash, the National Treasury has scrapped plans to raise VAT on 1 May. Now, the government of ...

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 proposed VAT increase has been reversed and will remain at 15%, ending a two-month battle and legal challenges over the ...

For the first time, since the dawn of democracy, we experienced the postponement of the 2025 Budget Speech. However, subsequently, after a number of engagements with Political Parties represented in ...

The EFF's counsel, Tembeka Ngcukaitobi, accused the finance minister of deceiving ActionSA when he hinted that the VAT ...

The EFF also accused Minister Enoch Godongwana of admitting to lying to the party that the 0.5% VAT increase could be changed ...