The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

Finance Minister for South Africa don announce di cancellation of di proposed VAT, in a statement dated 24 April 2025.

The South African rand gained slightly on Thursday after the finance ministry said it was withdrawing a contentious increase ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

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

The South African finance ministry said on Thursday the government had abandoned a plan to increase value-added tax that had ...

With National Treasury announcing the reversal of the contentious 0.5 percentage points VAT hike on Thursday (24 April), ...

Majority of the smaller parties in the Government of National Unity have slammed the Democratic Alliance for claiming the ...

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

When the 20 per cent VAT hike threatened to up one family's bills by £5,000 a year, they decided to join the rising numbers ...

Finance Minister Enoch Godongwana will be joined by the South African Reserve Bank governor - Lesetja Kganyago.

There’s finally relief as the proposed VAT increase is reversed by the national treasury. An economist shares that many other ...