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

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

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 ...

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

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

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

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

While the government's decision to scrap a VAT increase seems compassionate, experts warn it merely obscures the deeper ...