The South African rand was marginally stronger in early trade on Thursday, after the finance ministry said it was withdrawing ...

The South African rand was marginally stronger in early trade on Thursday after the finance ministry said it was withdrawing ...

In a media statement issued on its website in the middle of the night, the National Treasury announced the reversal of the ...

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

The planned VAT hike had been challenged in court. Godongwana had argued in court papers that failure to raise the VAT would ...

South Africans can breathe a sigh of relief knowing that the controversial VAT increase will not go ahead – but government ...

National Treasury’s proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

Political reaction has been streaming in on the decision to scrap the controversial VAT hike. The ANC says National ...

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

In an overnight media statement, the Treasury announced that Finance Minister Enoch Godongwana would be reversing the ...

The ANC said it had reached common ground with the involved parties and would outline the next steps during Thursday ...

The proposed VAT increase has been reversed. National Treasury issued a statement after midnight to say that the Value-Added ...