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

The Caucus of the African National Congress (ANC) in Parliament welcomes the announcement by the Minister of Finance to stop ...

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

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

Besides walking back a planned value-added tax (VAT) hike, the National Treasury will have to return to the drawing board to ...

The African National Congress (ANC), alongside some of its Government of National Unity (GNU) partners, and a few opposition parties, held a joint media briefing in Sandton following the withdrawal of ...

The party of South Africa's President Cyril Ramaphosa has reversed a controversial proposed value-added-tax (VAT) rise that ...

The Congress of South African Trade Unions (COSATU) applauds the Minister for Finance Mr. Enoch Godongwana’s announcement ...

The South African rand firmed early on Tuesday, ahead of the release of a key economic indicator by the country's central ...

The South African rand jumped on Tuesday as gold prices rose after U.S. President Donald Trump criticised Federal Reserve ...

Support for the African National Congress, which ruled South Africa outright for three decades after apartheid rule ended, ...