South Africa's rand was little changed in early trade on Friday as investors awaited clarity on a disputed national budget ...

South Africa's finance minister has dropped plans to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. Enoch Godongwana's decision came after ...

The government's abrupt U-turn on the VAT hike drew backlash, with businesses lamenting the millions already spent in ...

South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax ...

ActionSA leader Herman Mashaba said the era of ANC dominance was over and it could no longer make decisions on its own.

The withdrawal of a proposed VAT hike, coupled with a lower economic growth forecast, could jeopardise the government’s big ...

Enoch Godongwana has decided to reverse the VAT increase as DA's Helen Zille claims an out-of-court settlement offer has been ...