The welcome withdrawal of the proposed VAT increase in South Africa’s 2025 Budget will likely pressure SARS to compensate for ...

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

The government’s severe fumbling of the 2025 budget has left South Africa bruised, with businesses flushing money down the ...

The government’s severe fumbling of the 2025 budget has left South Africa bruised, with businesses flushing money down the ...

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

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

National Treasury’s proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

South Africans across the country can now breathe a sigh of relief as Minister of Finance Enoch Godongwana has announced his ...

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

Following the withdrawal of the controversial value-added tax (VAT) increase, ahead of planned implementation on May 1, the ...

Finance Minister Enoch Godongwana has announced the withdrawal of the proposed VAT increase of 0.5 percentage points.

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