News

South Africa's finance minister says he won't resign after VAT U-turn
By Karin Strohecker and Colleen Goko WASHINGTON (Reuters) -South African Finance Minister Enoch Godongwana said on Thursday ...
Moneyweb3h
Vat vendors in legal darkness
According to Vat experts Charles de Wet from ENSafrica and Gerhard Badenhorst from Cliffe Dekker Hofmeyr, this means that it ...
The Citizen1h
GNU stumbles as VAT hike U-turn heightens ANC-DA tensions
The VAT hike reversal has deepened fractures in the GNU and raised questions about who really calls the shots in fiscal ...
eNCA on MSN4h
New budget expected as government backtracks on VAT increase
JOHANNESBURG - A whole new budget will have to be tabled, after the 0.5% VAT increase was reversed. The Finance Minister ...
The South African on MSN13h
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South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT.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 ...
The Citizen3h
Godongwana gives notice to table new bill to reverse VAT hike
Finance Minister Enoch Godongwana has officially gazetted his intention to table a new bill to reverse the proposed 0.5% VAT ...
Politicsweb16h
VAT hike: No drama, just results – BOSA
No drama, just results: BOSA plays principled role in stopping 0.5%-point VAT hike Following weeks of intense deliberation ...
EWN2h
DA adamant its court challenge led to VAT hike U-turn
The party’s federal council chairperson, Helen Zille, said Finance Minister Enoch Godongwana was only trying to 'save face' ...
The South African on MSN1h
SASSA and the VAT freeze: Can grant increases be withdrawn?
As far as SASSA and the VAT freeze go, can above-inflation increases for 2025 be reversed after just one month?