South Africa's finance minister has said that failing to raise the value-added tax rate from May would cause severe harm to ...

South African Finance Minister Enoch Godongwana sees no alternative to a tax increase at the heart of a budget impasse that ...

The upcoming VAT increase announced by the South African government is set to bring notable changes to the business landscape ...

The South African rand firmed on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar weakness on global ...

For us, that's something that we can't do." The VAT increase comes as the South African economy faces several headwinds including a slow recovery following years of unstable electricity supply ...

Despite claims from some political parties to the contrary, several South African companies have warned their customers that ...

While fuel taxes remain unchanged in the 2025 Budget, South Africans still pay R6. 21 per litre in levies, affecting ...

The DA’s firm stance against the budget, along with their participation in the parliamentary vote against it, has put them at ...

STORY: South African beverage company owner Ndumiso Madlala fears an upcoming VAT hike could hurt his small business, which produces alcoholic ginger beer and soft drinks. To boost revenue ...