South Africa’s fight over VAT raises a key question: who should bear the burden of taxes?
The unprecedented postponement of the tabling of South Africa’s 2025 budget because of disagreement within the coalition government over a two percentage point increase in value added tax (VAT), ...
South African rand stable after volatile week
South Africa's rand was stable on Friday after a volatile week in which it weakened over the last-minute postponement of the ...
Zawya6h
Finding the money to change South Africa’s trajectory
South Africa’s upcoming national budget will be closely scrutinised, with analysts focusing on, amongst others, the debt-to-GDP ratio, government spending and the risks that could lead to further ...
South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise ...
The Citizen1d
Budget 2025: Was the decision to increase VAT by 2% such a bad idea?
Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...
South African rand firms against dollar after US data, tariff plans
South Africa's rand strengthened against a weaker dollar on Thursday, as investors digested U.S. data and President Donald ...
Bizcommunity.com on MSN1d
Budget Speech clash: The elephant in the room
When Julius Malema, Commander-in-Chief of the Economic Freedom Fighters (EFF), remarked on 'speaking up for the ...