Swiss valve maker VAT Group warned of volatility in sales and orders this year driven by geopolitics, saying tariff uncertainty is weighing on semiconductor investments.

Q1 sales of CHF 275 million up 39% year-on-year, adjusted for the CHF 22 million in sales carried over from Q3 2024 into Q4 2024, sales in Q1 increased 5% quarter-on-quarter, book-to-bill ratio 0.9x ...

The replacement system is launching into markets already served by repair devices, namely Edwards’ Pascal and Abbott’s ...

A growing number of GM truck and SUV owners are facing major service delays as the result of a nationwide backorder on transmission valve bodies. As covered previously, some vehicles may ...

Analysts have warned that the African National Congress (ANC) will face scrutiny over its recent proposal to increase the Value Added Tax (VAT) by 0.5%, which could alienate voters just as the ...

The ANC and ActionSA have concluded a “productive” budget meeting, with the key discussion being a mutual commitment to ensure that the 0.5% VAT increase was scrapped before May 1 and did not ...

The National Treasury plans to raise VAT by 1-percentage-point over two years from May 1, as part of measures to bolster government revenue. Currently, VAT is set at 15%. For Madlala ...

The two biggest parties in the coalition government, the African National Congress and the Democratic Alliance have been at odds over the proposal to raise VAT by 0.5 percentage points on May 1 ...

The legal challenge to the government’s imposition of VAT on school fees has returned to the High Court over arguments of parliamentary privilege. A half-day hearing, before Dame Victoria Sharp ...

A Hampshire farmer who attempted to defraud the government out of £1.8m in VAT claims has been jailed for two and a half years. Jack Stillwell, 34, was sentenced at Portsmouth Crown Court on ...

Foreign passport holders may apply for a VAT refund for goods purchased from accredited stores that are worth at least P3,000 MANILA, Philippines – Foreign tourists coming to the Philippines may ...