News

The Citizen19h
WATCH: Suspension of VAT increase ‘necessary intervention,’ Malema says
Malema also called for the resignation of Enoch Godongwana and National Treasury Director-General Duncan Pieterse.
BusinessTech1h
Major blow to banks and retailers in South Africa, and Cape Town homeowners in trouble
Threat to businesses in South Africa: Cybercriminal activity targeting South African businesses is expected to intensify in ...
Jacaranda FM3h
EFF welcomes VAT court ruling, calls for Godongwana’s ouster
The Economic Freedom Fighters (EFF) have demanded the resignation of Finance Minister Enoch Godongwana and Treasury ...
The Citizen22h
Western Cape High Court orders scrapping of the 0.5% VAT increase
Despite Enoch Gondongwana's recent announcement that the VAT hike has been reversed, the court ruled in favour of the DA and ...
ANC U-turn over tax that threatened South Africa's government
The hike was also opposed by the biggest trade union federation, the Congress of South African Trade Union (Cosatu), which is in alliance with the ANC. Even the head of the government's tax agency ...
VAT hikes can raise tax without hurting the poor: an economist sets out the evidence
Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...
The Citizen4d
A R1 billion U-turn: Scrapping the VAT increase leaves no winners, just absolute chaos
The minister of finance announced in a statement loaded on National Treasury’s website at 15 minutes after midnight that the ...
BusinessTech6d
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 ...