News

South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
Briefly on MSN53m
Democratic Alliance Celebrates VAT Hike Reversal, Political Parties Maintain It Wasn’t DA Alone
The Democratic Alliance claimed victory for the reversal of the VAT increase, but other political parties are not impressed ...
The Citizen9h
A R1 billion U-turn: Scrapping the VAT increase leaves no winners, just absolute chaos
The minister of finance announced in a statement loaded on National Treasury’s website at 15 minutes after midnight that the ...
South Africa Ditches Tax Hike That Tested Coalition Government
South Africa’s National Treasury plans to scrap a proposed tax increase that threatened to rupture the nation’s coalition ...
Politicsweb53m
Scrapping of 0.5% VAT increase welcomed - ANC Caucus
The Caucus of the African National Congress (ANC) in Parliament welcomes the announcement by the Minister of Finance to stop ...
BusinessTech6h
Bad news for anyone paying income tax in South Africa
While all the focus is on the reversal of the VAT hike in South Africa, individual taxpayers are still on the hook almost R20 ...
The South African on MSN10h
VAT Freeze: What it means for the price of basic goods in SA
South Africa's finance minister has officially withdrawn the proposed 0.5% increase in VAT. What does this mean for basic ...
Politicsweb6h
VAT hike: No drama, just results – BOSA
No drama, just results: BOSA plays principled role in stopping 0.5%-point VAT hike Following weeks of intense deliberation ...