National Treasury announced that government had backtracked on its plan to raise VAT by 0.5% next month but also warned that tough spending decisions lie ahead to fill a R75 billion budget gap.

Godongwana has announced that the National Treasury would no longer be implementing the controversial 0. 5 percentage points ...

One of the commitments in the National Development Plan Vision 2030 is to eradicate food poverty by 2030,' stated Hendricks.

The Economic Freedom Fighters (EFF) notes and welcomes the decision by the incompetent Minister of Finance, Enoch Godongwana, and the National Treasury to withdraw the misguided, ill-conceived, and ...

Reversal of VAT increases a hard-won victory for the working class, a call against austerity ...

Various organisations have welcomed the National Treasury’s withdrawal of the proposed value-added tax (VAT) increase of 0.5 percentage points this year and next and that VAT will be maintained at 15% ...

While the government's decision to scrap a VAT increase seems compassionate, experts warn it merely obscures the deeper ...

Though ‘severely damaged and dented’, it remains possible that the GNU will endure, analyst says. South Africa’s coalition ...

South Africa’s coalition government appears likely to remain intact after the National Treasury abandoned a divisive plan to ...

The EFF is one of the political parties which rejected the VAT increase and even went to court to challenge the matter.

The minister of finance announced in a statement loaded on National Treasury’s website at 15 minutes after midnight that the ...

Keeping value added tax (VAT) at 15% will benefit consumers and farmers. The National Treasury announced on the morning of 24 ...