South Africa's rand was steady on Friday as investors awaited clarity on a disputed national budget which has roiled domestic ...

South Africa's rand firmed on Friday as investors awaited clarity amid a dispute over the national budget that has rattled ...

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

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

Legal experts say the reversal of the planned VAT hike in South Africa faces a massive hurdle, given that the fiscal ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

AJM Tax director Leonard Willemse said consumers who had been charged 15.5% since the announcement of the VAT hike will be ...

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government’s U-turn on a planned value-added tax hike, despite opposition calls for him to quit. “My job ...

South Africa's finance minister drops plan to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. 10,000 illegal settlers reportedly removed from ...

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

SARS says it acknowledges that vendors and consumers have invested in preparing for an increase in VAT during a period of uncertainty. It says vendors are expected to continue to charge VAT at the ...

Party has formally submitted a Motion of No Confidence against Finance Minister Enoch Godongwana, citing his controversial h ...