South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a planned value-added tax hike, despite opposition calls for him to quit."My job is to introduce money bills - nothing says they must be popular,

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into preparing for the anticipated VAT change.

For the construction industry, this development is more than just a fiscal policy change — it could have far-reaching implications for costs, project budgets, and the broader economic environment.