Two Israeli Embassy employees were fatally shot in Washington, D.C. President Donald Trump confronted South Africa’s president in the Oval Office. House Republicans worked through the night to try to pass Trump’s budget bill.

South Africa's government will have to cut expenditure substantially if the South African Revenue Service (SARS) does not meet its revenue target, Finance Minister Enoch Godongwana told Reuters on Thursday.

As a result from Wednesday, 4 June this year, the general fuel levy will increase by 16 cents per litre for petrol, and by 15 cents per litre for diesel.

Trump hosted the president of South Africa at the White House. What happened: Trump criticized Cyril Ramaphosa for his country’s treatment of Afrikaners, pushing genocide claims and playing a video he falsely said depicted burial sites for White farmers.

CAPE TOWN (Reuters) -South Africa's National Treasury said on Wednesday that this fiscal year's budget deficit would be wider and public debt higher after it was forced to backtrack on a proposed increase in value-added tax (VAT).

“Version three of the 2025 budget is more sensible and depicts a stark picture of South Africa’s finances,” said Jee-A van der Linde, senior economist at Oxford Economics. “Markets will welcome the Treasury’s commitment to fiscal consolidation.”

South Africa doesn't have the funds to cover the over $430 million shortfall caused by the Trump administration's cuts in foreign aid, the country's finance minister said Wednesday. Finance Minister Enoch Godongwana spoke to Parliament while presenting an updated budget — one without the value-added tax increases that had sparked public outcry and fierce disagreement among parties in the ruling coalition.

Engineering News editor Terence Creamer discusses Finance Minister Enoch Godongwana's tabling of Budget 3.0 after two previous failed attempts; the withdrawal of the previously proposed value-added tax (VAT) hikes and the tax implications as a result of that withdrawal;

South Africa’s culture minister talks Afrikaner refugees, xenophobia, and his 2029 leadership vision in an interview with The Africa Report.

While the reversal of the VAT hike provides relief to citizens facing mounting living costs, the introduction of fuel levy increases has raised concerns about the impact on household budgets amidst an already challenging economic landscape.