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 ...

Legal experts say the reversal of the planned VAT hike in South Africa faces a massive hurdle, given that the fiscal ...

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

South Africa's rand was little changed in early trade on Friday as investors awaited clarity on a disputed national budget which has roiled domestic markets in recent weeks.

President Cyril Ramaphosa greets supporters after casting his vote at the Hitekani Primary School in Soweto, Johannesburg, ...

With National Treasury announcing the reversal of the contentious 0.5 percentage points VAT hike on Thursday (24 April), ...

Spread This News BBC Enoch Godongwana’s decision came after the second-biggest party, the Democratic Alliance (DA), ...

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

As far as SASSA and the VAT freeze go, can above-inflation increases for 2025 be reversed after just one month?

South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...

The VAT hike reversal has deepened fractures in the GNU and raised questions about who really calls the shots in fiscal ...