News

South African rand stable after VAT hike withdrawn, markets await budget clarity
The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...
The South African on MSN9h
VAT Freeze: What it means for the price of basic goods in SA
South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...
Politicsweb6h
Scrapping of 0.5% VAT increase welcomed - ANC Caucus
The Caucus of the African National Congress (ANC) in Parliament welcomes the announcement by the Minister of Finance to stop ...
The Citizen8h
Top 10 stories of the day: VAT hike reversed | Radebe named first Leeds global ambassador | Zuma arms deal appeal dismissed
News today includes the proposed VAT increase being reversed and remaining at 15% after a two-month battle over the unpopular ...
The Mail & Guardian8h
VAT battle is over but coalition crisis continues
Meetings are due in coming days and weeks to undo the damage after the finance minister caved on the tax increase ...
Politicsweb11h
VAT to stay at 15% - Enoch Godongwana
The Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates ...
TimesLIVE7h
GNU parties fuming after DA claims victory over VAT hike reversal
The DA claiming victory over the national treasury’s withdrawal of the VAT hike has pitted it against the majority of its ...
The Citizen14h
A R1 billion U-turn: Scrapping the VAT increase leaves no winners, just absolute chaos
The minister of finance announced in a statement loaded on National Treasury’s website at 15 minutes after midnight that the ...