News

The South African3h
VAT Freeze: What it means for the price of basic goods in SA
South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...
The Africa Report2h
South Africa’s budget impasse is over, but coalition disputes remain
South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...
ANC U-turn over tax that threatened South Africa's government
The party of South Africa's President Cyril Ramaphosa has reversed a controversial proposed value-added-tax (VAT) rise that had threatened the country's coalition government.
The South African on MSN1h
‘I won’t resign,’ says Godongwana after VAT U-turn
Godongwana refuses to resign after withdrawing the VAT hike, despite political backlash and controversy over the tax decision ...
Briefly on MSN1h
'VAT On, VAT Off’: Dricus du Plessis Reacts to Finance Minister’s Reversal With Viral Meme
Dricus du Plessis trolled the Finance Minister’s VAT U-turn with a viral meme, dismissed injury rumours, and teased his next ...
BusinessTech2d
Date set for court ruling on VAT hike, and Ramaphosa and Mashatile under threat
Good news at South Africa’s ports: The port of Richards Bay has achieved record volumes in the past financial year, driven by ...
The South African on MSN6h
SASSA and the VAT freeze: Can grant increases be withdrawn?
As far as SASSA and the VAT freeze go, can above-inflation increases for 2025 be reversed after just one month?
Briefly on MSN1d
Enoch Godongwana Scraps Proposed VAT Hike, SA Suggests How Government Can Negate Expected Shortfall
Finance Minister Enoch Godongwana has scrapped the proposed VAT hike, and while many are celebrating, they're also suggesting ...