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

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

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

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

VAT victory means cutting BEE tax is the honest way to fill fiscal gap – IRR. 24 April 2025. If Treasury is serious about ...

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

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

JOHANNESBURG (Reuters) -South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, ...

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 Africa will not raise its VAT as stated in the 2025 budget due to political opposition. The decision means an estimated ...

This is due to the political tensions generated by a proposed increase in value added tax (VAT).South Africa's choices on how it manages the revenue and expenditure issues in the budget are critical ...