Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free ...

South Africa’s National Treasury plans to scrap a proposed tax increase that threatened to rupture the nation’s coalition ...

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

The Minister of Finance, Enoch Godongwana, will soon formalise measures to reverse the highly contested and reviled VAT hike ...

National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

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

Here are five other important things happening in and affecting South Africa today: ...

After fierce public backlash, the National Treasury has scrapped plans to raise VAT on 1 May. Now, the Government of National ...

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

JOHANNESBURG: South Africa will not increase its value-added tax (VAT) from May 1, the finance ministry said on Thursday, ...

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% ...

South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...