South African Finance Minister Enoch Godongwana sees no alternative to a tax increase at the heart of a budget impasse that is threatening to unravel the country’s governing coalition.. The ...

A South African court ordered that a proposed increase in the value-added tax rate be suspended, formally scrapping the measure. The ruling on Sunday brings to an end a dispute between the two ...

Dis VAT increase wey South Africa Finance Minister Enoch Godongwana announce for March 2025 during di budget speech cause serious political battle between parties for di coalition govment.

JOHANNESBURG (Reuters) -South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of the ruling coalition government. The proposal ...

The looming levy has cast a cloud over the sunny valleys of Citrusdal, a tiny, serene farming town nestled amid rolling green ...

STORY: South African beverage company owner Ndumiso Madlala fears an upcoming VAT hike could hurt his small business, which produces alcoholic ginger beer and soft drinks.To boost revenue, the ...

The OECD suggests South Africa should consider increasing VAT as its rate remains below the organisation’s average and has the potential to broaden the country’s tax base.

Its 2014 acquisition of Australian department store David Jones has been labelled a “R20 billion blunder”, but Woolworths ...