News

South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
ANC U-turn over tax that threatened South Africa's government
The finance minister has warned that spending cuts or a rise in other taxes could follow.
Emerging economies face longer period of tighter financing, South African central banker says
Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free ...
Ukraine's Zelenskyy arrives in South Africa for state visit following Trump's renewed criticism
Ukrainian President Volodymyr Zelenskyy has arrived in South Africa for a state visit following U.S. President Donald Trump’s ...
BusinessTech42m
Big question over VAT reversal in South Africa
With National Treasury announcing the reversal of the contentious 0.5 percentage points VAT hike on Thursday (24 April), ...
Zelensky cuts short South Africa visit after Russian attack on Kyiv
At least nine people were killed and dozens injured, including children, in the attack in Ukraine, officials say.
South Africa’s Godongwana Says He Won’t Resign Over VAT U-Turn
South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax ...
‘American Pie’ star Shannon Elizabeth met her ‘soul mate’ in South Africa
American Pie” star Shannon Elizabeth reveals she had to make some adjustments after moving to South Africa, where she met her ...