South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

Finance Minister for South Africa don announce di cancellation of di proposed VAT, in a statement dated 24 April 2025.

South Africa has abandoned plans to increase value-added tax from May 1, the finance ministry said on Thursday, after the ...

South Africa will not increase its value-added tax (VAT) from May 1 as announced in the 2025 budget, the finance ministry ...

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 ...

Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...

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 ...