South Africa's finance ministry said on Wednesday that a new budget would be presented on May 21 which would maintain the ...

The reversal of the VAT hike benefits South African households but also means the removal of measures to cushion some of the ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

Malema also called for the resignation of Enoch Godongwana and National Treasury Director-General Duncan Pieterse.

Finance Minister Enoch Godongwana is set to address the implications of a VAT reversal on South Africa's budget, as ...

A South African court ordered that a proposed increase in the value-added tax rate be suspended, formally scrapping the measure. The ruling on Sunday brings to an end a dispute between the two ...

South Africa’s Finance Minister Enoch Godongwana said on Wednesday that he would present a new budget on May 21. Godongwana is expected to announce changes to revenue and spending projections after he ...

Edward Kieswetter, has welcomed the agreement between the parties and the court order to suspend the 0.5 percentage point ...

The South African rand strengthened in early trade on Thursday after the finance ministry said it was withdrawing a ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

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