South Africa's rand was steady on Friday as investors awaited clarity on a disputed national budget which has roiled domestic ...

For the construction industry, this development is more than just a fiscal policy change — it could have far-reaching ...

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

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

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

South Africa's finance minister drops plan to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. 10,000 illegal settlers reportedly removed from ...

SARS says it acknowledges that vendors and consumers have invested in preparing for an increase in VAT during a period of uncertainty. It says vendors are expected to continue to charge VAT at the ...

South Africa's finance minister has dropped plans to increase value-added tax (VAT), in a major climbdown to prevent the ...

VAT in the world? Nando's has weighed into government's last-minute tax turnaround following a clash within the ...

The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity government after a pushback from various political parties.

GNU not out of the woods: Despite the VAT hike U-turn, the GNU is still under pressure due to the notable disagreements over ...

SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to ...