News

The South African on MSN3h
‘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 ...
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.
South Africa's average nominal pay dips as economic challenges loom
BankservAfrica reported a decline in average nominal take-home pay, highlighting ongoing economic challenges and the impact ...
The South African on MSN8h
SASSA payment dates for May 2025: Could the VAT freeze impact increases?
SASSA has confirmed the April 2025 payment dates amid uncertainty about whether the increases will be withdrawn as the VAT ...
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 ...
Daily Maverick on MSN1d
VAT increase withdrawn, expenditure adjustments on the cards
In a media statement issued on its website in the middle of the night, the National Treasury announced the reversal of the ...
The South African5h
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South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT.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 ...
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 ...