The draft bill proposes the amendment of Section 7 of the Vat Act to increase the rate from 15% to 15.5% on 1 May this year ...

South Africa's National Treasury is looking at alternative revenue-raising options to a value-added tax increase, but the ...

Despite the flexibility allowed by the Public Finance Management Act, the National Treasury is committed to supporting Parliament in its consideration and timely passage of the 2025 Budget. For ...

Although the financial year starts on 1 April, the department noted that the Appropriation Bill is always passed later ...

With a parliament-approved fiscal framework all sorted, the processing of the 2025 budget is marching ahead—VAT hike in tow.

South African assets fell further on Friday as investors worried about the impact of U.S. President Donald Trump's sweeping ...

Congressmen in the United States are supporting a new law that is looking to sanction the ANC and senior government employees ...

South Africa’s National Treasury is in talks to secure loans from Germany and the UK under the terms of a climate pact the US ...

The budget process in South Africa is one of the most critical functions ... Drafting & Planning (Formulation Stage) The National Treasury issues spending guidelines. Government departments ...

Despite claims from some political parties to the contrary, several South African companies have warned their customers that ...

Officials in the US Congress have introduced a bill to sanction senior SA government and ANC officials who support their ...