The government's abrupt U-turn on the VAT hike drew backlash, with businesses lamenting the millions already spent in ...

ActionSA leader Herman Mashaba said the era of ANC dominance was over and it could no longer make decisions on its own.

South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax ...

South Africa's finance minister has dropped plans to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. Enoch Godongwana's decision came after ...

Enoch Godongwana has decided to reverse the VAT increase as DA's Helen Zille claims an out-of-court settlement offer has been ...

The withdrawal of a proposed VAT hike, coupled with a lower economic growth forecast, could jeopardise the government’s big ...

The DA and EFF’s victory over VAT increases was truly remarkable, but it’s not the first time budgets have been overturned in ...

Award-winning economist Dawie Roodt warns that South Africa is heading towards a serious financial crisis, with runaway ...

This includes proposals to spur economic growth, plans to address the debt burden in Africa and threats to global trade.

The VAT rollback has opened a massive fiscal gap and experts say curbing wasteful SOE spending is now unavoidable.

GNU not out of the woods: Despite the VAT hike U-turn, the GNU is still under pressure due to the notable disagreements over ...

Economist Dawie Roodt warns that South Africa is on the brink of a financial crisis due to an unsustainable debt burden which ...