South Africa's rand firmed on Friday as investors awaited clarity amid a dispute over the national budget that has rattled ...

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

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

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

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

For the construction industry, this development is more than just a fiscal policy change — it could have far-reaching ...

South Africa's finance minister drops plan to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. 10,000 illegal settlers reportedly removed from ...

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

Legal experts say the reversal of the planned VAT hike in South Africa faces a massive hurdle, given that the fiscal ...

Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...

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