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 ...

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

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

In a landmark ruling just days before a scheduled tax hike, the Western Cape High Court has officially suspended SA’s planned ...

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 ...

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

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

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 ...

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