South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

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

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

South Africa has abandoned plans to increase value-added tax from May 1, the finance ministry said on Thursday, after the ...

South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, the finance ministry ...

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 ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

South Africa will not raise its VAT as stated in the 2025 budget due to political opposition. The decision means an estimated ...

Should the 0.5 percentage point value-added tax (VAT) increase, announced by Minister of Finance Enoch Godongwana on Wednesday, 12 March, be suspended, Godongwana says the consequences for the country ...

The DA is challenging the Minister of Finance, Enoch Godongwana’s, ability to propose a VAT increase for the majority of South Africans. “The ANC has chosen to push this VAT increase down the ...