News

South Africa's finance minister says he won't resign after VAT U-turn
South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...
iAfrica3h
Godongwana Tables Emergency Bill to Cancel VAT Hike, but Legal Questions Remain
Finance Minister Enoch Godongwana has introduced urgent legislation in Parliament to scrap the impending value-added tax (VAT ...
South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
CCE Online News6h
South Africa’s VAT Reversal: What It Means for the Construction Sector and the Economy”
For the construction industry, this development is more than just a fiscal policy change — it could have far-reaching ...
The Africa Report11h
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 ...
The South African on MSN10h
‘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 MSN5h
Gareth Cliff’s Controversial VAT Remarks Ignite Heated Reactions Across Mzansi
Outspoken South African media personality Gareth Cliff once again sparked an online debate after posting a controversial ...
South Africa withdraws planned VAT hike after political pushback
South Africa has abandoned plans to increase value-added tax from May 1, the finance ministry said on Thursday, after the ...
SARS Confirms: VAT hike is dead - but the fallout is just beginning
SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to ...