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

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

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

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

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 ...

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

Following the announcement by Finance Minister Enoch Godongwana to abandon the proposed VAT increase, the South African rand ...