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

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

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 ...

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

National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

The Minister of Finance, Enoch Godongwana, will soon formalise measures to reverse the highly contested and reviled VAT hike ...

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

Renowned economist Dawie Roodt said the state collected nearly R10 billion more in taxes than expected, which means it does ...

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 ...