News

South African rand stable as investors await budget clarity
South Africa's rand was steady on Friday as investors awaited clarity on a disputed national budget which has roiled domestic ...
SARS Confirms: VAT hike is dead - but the fallout is just beginning
SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to ...
The Africa Report7h
South Africa’s budget impasse is over, but coalition disputes remain
South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...
SAnews2h
SARS ready to accommodate 0.5% VAT increase withdrawal
The South African Revenue Service (SARS) has assured the public that it will ensure it will make adjustments to accommodate the withdrawal of the 0.5% increase in the Value-Added Tax (VAT).
Briefly on MSN1h
Gareth Cliff’s Controversial VAT Remarks Ignite Heated Reactions Across Mzansi
Outspoken South African media personality Gareth Cliff once again sparked an online debate after posting a controversial ...
The South African8h
VAT Freeze: What it means for the price of basic goods in SA
South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...
BusinessTech2d
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 ...
Briefly on MSN1d
Enoch Godongwana Scraps Proposed VAT Hike, SA Suggests How Government Can Negate Expected Shortfall
Finance Minister Enoch Godongwana has scrapped the proposed VAT hike, and while many are celebrating, they're also suggesting ...