News

The Government of Ghana has officially commenced a comprehensive review of its Value Added Tax (VAT) regime, aiming to simplify the system and improve the business environment across the country.
JOHANNESBURG, April 14 (Reuters) - The South African rand firmed on Monday, boosted by a news report, opens new tab that the country's biggest political party may back down on a plan to raise ...
While politicians fight about the VAT increase, a study has shown that the economic ramification of the increase will see inflation increase and GDP decline. Although it will boost government ...
Relief rally after Wall Street Journal reports US tariffs on China could come down and Trump walks back on Powell comments ...
The increase in VAT applies to goods and services across the board, affecting procurement, service delivery, and, ultimately, pricing. For SMEs, the decision between absorbing these costs or ...
Top financial journalist Rob Rose explains how America's 30% tariffs on South Africa will affect our industries and everyday citizens. Gigi Lamayne performs.
There are cracks in the Government of National Unity following disagreements on VAT hikes. The DA, the ANC's largest coalition partner, did not support the fiscal framework when it was passed in ...
Fruta Conquerors FC and Western Tigers FC emerged as the big winners, each securing three crucial points in their respective encounters. In the opening match of the night, Fruta Conquerors FC ...
This decision comes despite intense opposition related to the recently approved 0.5% Value Added Tax (VAT) hike proposed by the National Treasury. The decision to raise VAT by 0.5% has ignited ...
When he unveiled his worldwide tariffs last week, President Trump blamed “exorbitant VAT taxes” among the factors for America’s yawning trade deficit. The president and his advisers claim ...
The Bureau of Internal Revenue (BIR) has released an updated list of medicines exempted from value-added tax (VAT), including those for diabetes, hypertension, high cholesterol, and mental illness.