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

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

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.

The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity ...

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 ...

Conclusion: Dealers registered under Value Added Tax Act (VAT Act), 2008 were duty bound to reverse or debit the input tax credit as prescribed under Section 13(6) of the VAT after the discontinuation ...

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

Finance Minister Enoch Godongwana will be joined by the South African Reserve Bank governor - Lesetja Kganyago.

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