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The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...
South Africa's finance minister has dropped plans to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. Enoch Godongwana's decision came after ...
Award-winning economist Dawie Roodt warns that South Africa is heading towards a serious financial crisis, with runaway ...
The VAT hike reversal has deepened fractures in the GNU and raised questions about who really calls the shots in fiscal ...
2h
The South African on MSNSASSA and the VAT freeze: Can grant increases be withdrawn?As far as SASSA and the VAT freeze go, can above-inflation increases for 2025 be reversed after just one month?
GNU not out of the woods: Despite the VAT hike U-turn, the GNU is still under pressure due to the notable disagreements over ...
The proposed VAT increase has been reversed and will remain at 15%, ending a two-month battle and legal challenges over the unpopular tax hike. The treasury made the announcement shortly after ...
14h
The South African on MSNVAT Freeze: What it means for the price of basic goods in SASouth Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...
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