South African finance minister Enoch Godongwana has dropped a planned VAT increase that would have seen value-added tax ...

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

It is a day of celebration for consumers after the scrapping of the 0.5% VAT, but this is expected to leave a R78bn gap in ...

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

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

The party of South Africa's President Cyril Ramaphosa has reversed a controversial proposed value-added-tax (VAT) rise that had threatened the country's coalition government.

South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax ...

The Food and Drug Administration  has added nine drug products to the list of essential medicines that are exempted from ...

The European Union won’t negotiate changes to its value-added taxes or agricultural subsidies as part of trade discussions with the U.S., the bloc’s economy commissioner said early Wednesday. “We do ...

The Democratic Alliance claimed victory for the reversal of the VAT increase, but other political parties are not impressed ...

Reversal of VAT increases a hard-won victory for the working class, a call against austerity ...