With National Treasury announcing the reversal of the contentious 0.5 percentage points VAT hike on Thursday (24 April), ...

The reversal of the planned VAT increase and expansion of zero-rated food items, though easing pressure on consumers, has ...

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

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

The Caucus of the African National Congress (ANC) in Parliament welcomes the announcement by the Minister of Finance to stop ...

President Cyril Ramaphosa greets supporters after casting his vote at the Hitekani Primary School in Soweto, Johannesburg, ...

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.

News today includes the proposed VAT increase being reversed and remaining at 15% after a two-month battle over the unpopular ...

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

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

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