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

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 ...

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

The South African Revenue Service (SARS) has assured the public that it will ensure it will make adjustments to accommodate the withdrawal of the 0.5% increase in the Value-Added Tax (VAT).

The South African government on Thursday cancelled a proposed tax increase that had threatened to collapse the unity government after a pushback from various political parties. Finance Minister Enoch ...

SOUTH Africans heaved a collective sigh of relief after the government reversed a decision to impose the divisive value added tax (VAT). However, this relief has emerged as a source for parties in and ...

Finance Minister Enoch Godongwana has shrugged off mounting calls for his resignation following a dramatic backtrack on a proposed VAT hike that sent shockwaves through South Africa's fragile ...

While civil society celebrates the cancellation of the VAT hike, they caution that austerity measures may jeopardise ...

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

South African finance minister Enoch Godongwana has dropped a planned VAT increase that would have seen value-added tax ...