News

The Citizen3h
WATCH: Suspension of VAT increase ‘necessary intervention,’ Malema says
Malema also called for the resignation of Enoch Godongwana and National Treasury Director-General Duncan Pieterse.
Good news about VAT increase
The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...
South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity ...
The Citizen21h
Western Cape High Court orders scrapping of the 0.5% VAT increase
Despite Enoch Gondongwana's recent announcement that the VAT hike has been reversed, the court ruled in favour of the DA and EFF.
ANC U-turn over tax that threatened South Africa's government
The hike was also opposed by the biggest trade union federation, the Congress of South African Trade Union (Cosatu), which is in alliance with the ANC. Even the head of the government's tax agency ...
South African rand firms after VAT increase withdrawn
The South African rand strengthened in early trade on Thursday after the finance ministry said it was withdrawing a ...
BusinessTech5d
Date set for court ruling on VAT hike, and Ramaphosa and Mashatile under threat
Good news at South Africa’s ports: The port of Richards Bay has achieved record volumes in the past financial year, driven by ...
Daily Maverick on MSN6d
Court battle unfolds as DA and EFF unite against controversial VAT increase
The DA and EFF’s challenge to Finance Minister Enoch Godongwana’s looming VAT increase is being heard in the Western Cape ...