The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity ...

The Economic Freedom Fighters (EFF) leader, Julius Malema says Finance Minister Enoch Godogwana does not have the powers to reverse the Value-Added Tax (VAT) increase because it was passed in ...

For the construction industry, this development is more than just a fiscal policy change — it could have far-reaching ...

During its discussions with the Democratic Alliance (DA), the African National Congress (ANC) said it remained rooted in its ...

SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to ...

On Thursday, the Treasury backed down, saying it would scrap the planned Vat hike, cut spending to fill a R75 billion gap in ...