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

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

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 ...

Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...

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

Speaking to The Citizen just hours after Treasury's announcement, Mashaba said he was overjoyed and vindicated.

The Minister of Finance, Enoch Godongwana, will soon formalise measures to reverse the highly contested and reviled VAT hike ...

Finance Minister Enoch Godogwana is expected to introduce a revised version of the budget without VAT within the next few ...

The party has also slammed Finance Minister Enoch Godongwana, with its federal council chairperson, Helen Zille, saying he ...

The finance ministry in a midnight announcement said the decision was informed by consultations with political parties ...

A 2 percentage point (pp) rise in the value added tax (VAT) rate to 21%, along with an increase in other tax rates, is ...