South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

For the construction industry, this development is more than just a fiscal policy change — it could have far-reaching ...

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

Legal experts say the reversal of the planned VAT hike in South Africa faces a massive hurdle, given that the fiscal ...

The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity ...

South Africa's rand was little changed in early trade on Friday as investors awaited clarity on a disputed national budget which has roiled domestic markets in recent weeks.

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

President Cyril Ramaphosa greets supporters after casting his vote at the Hitekani Primary School in Soweto, Johannesburg, ...

South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...

Spread This News BBC Enoch Godongwana’s decision came after the second-biggest party, the Democratic Alliance (DA), ...

Finance Minister Enoch Godongwana announces the reversal of the proposed 0. 5% VAT increase, providing much-needed relief to consumers and businesses amid ongoing economic challenges in South Africa ...

SASSA has confirmed the April 2025 payment dates amid uncertainty about whether the increases will be withdrawn as the VAT ...