The Western Cape High Court has delivered a landmark decision to halt South Africa’s planned VAT increase. The post High ...

The Economic Freedom Fighters celebrated the Western Cape High Court's decision to set Enoch Godongwana's budget aside and ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

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

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 ...

South Africa’s National Treasury will scrap a proposed tax increase that threatened to rupture the nation’s coalition ...

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

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

For us, that’s something that we can’t do.” The VAT increase comes as the South African economy faces several headwinds including a slow recovery following years of unstable electricity ...