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

Finance Minister Enoch Godongwana has shrugged off mounting calls for his resignation following a dramatic backtrack on a proposed VAT hike that sent shockwaves through South Africa's fragile ...

The outlook for take-home pay for the future is not that great as global and local political uncertainty start to affect employers.

The DA is not and has never been a pro-poor party, and the fact that it fought against the VAT increase which would have ...

MoneywebNOW looked at credit reports and credit scores, Trumps tariffs that are still in full force, the latest budget ...

Political parties were quick to claim victory after the National Treasury’s announcement in the early hours of Thursday, 24 April, that the 0.5 percentage point VAT increase would be scrapped.

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

The African National Congress (ANC) has rejected and condemned the Democratic Alliance’s (DA’s) political approach following ...

Godongwana refuses to resign after withdrawing the VAT hike, despite political backlash and controversy over the tax decision ...

BankservAfrica reported a decline in average nominal take-home pay, highlighting ongoing economic challenges and the impact ...

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

The government's abrupt U-turn on the VAT hike drew backlash, with businesses lamenting the millions already spent in ...