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

The finance minister has warned that spending cuts or a rise in other taxes could follow.

JOHANNESBURG (AP) — The South African government on Thursday canceled a proposed tax increase that had threatened to collapse ...

South Africa has abandoned plans to increase value-added tax from May 1, the finance ministry said on Thursday, after the ...

Armstrong Williams is optimistic about the future of South Africa as he returns to the country for the first time since ...

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

Spread This News BBC Enoch Godongwana’s decision came after the second-biggest party, the Democratic Alliance (DA), ...

The remarks below were delivered this morning by the DA Spokesperson on Finance, Dr Mark Burke MP, in front of the High Court in Cape Town where the DA's urgent court application to interdict the ...

and accelerate transformation in the interest of the people of South Africa,” Bhengu-Motsiri said. The ANC officially cut ties with the MK party leader in July last year. The party’s national ...

The DA is challenging the Minister of Finance, Enoch Godongwana’s, ability to propose a VAT increase for the majority of South Africans. “The ANC has chosen to push this VAT increase down the ...

The uMkhonto weSizwe Party (MKP) has remained silent after the ANC refuted claims that it had approached the MKP to join the Government of National Unity (GNU). The claims were made in a leaked ...