The party of South Africa's President Cyril Ramaphosa has reversed a controversial proposed value-added-tax (VAT) rise that ...

South Africa has abandoned plans to increase value-added tax from May 1, the finance ministry said on Thursday, after the ...

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

The Democratic Alliance (DA) on Thursday expressed jubilation at Finance Minister Enoch Godongwana’s 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 South African rand was marginally stronger in early trade on Thursday, after the finance ministry said it was withdrawing ...

The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy commissioner said early Wednesday. “We do ...

Kyle Mandy, tax partner at PwC, says that Section 7 (4) of the Vat Act operates as the law stands now because the minister ...

Keeping value added tax (VAT) at 15% will benefit consumers and farmers. The National Treasury announced on the morning of 24 ...

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

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

South Africa's finance ministry has scrapped a proposed increase in VAT that threatened the stability of its 10-party unity ...