BUSINESS NEWS - The Commissioner for the South African Revenue Service (SARS), Mr. Edward Kieswetter has noted the Finance ...

The initial proposal to increase VAT by 2% triggered strong backlash from political parties, trade unions, and civil society. Under intense pressure, Godongwana revised the proposal to a 0. 5% hike, ...

The DA comes across as an entitled opportunistic coalition participant, savvy in the language of dissent, of policies aligned ...

Finance Minister Enoch Godongwana is set to address the implications of a VAT reversal on South Africa's budget, as economists weigh in on the potential impacts on public service delivery and fiscal ...

Edward Kieswetter, has welcomed the agreement between the parties and the court order to suspend the 0.5 percentage point increase in value-added tax (VAT).The VAT increase was initially announced to ...

The South African rand weakened on Tuesday as investors waited for the finance minister to say when he will present another ...

Following a court settlement, South Africa's Parliament has suspended the planned VAT increase, allowing Finance Minister ...

Finance Minister Enoch Godongwana has accepted a court order that puts his proposed 0.5 percentage point VAT increase on hold. The post Government agrees to put VAT hike decision on hold appeared ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

The MK Party escalates calls for Finance Minister Enoch Godongwana's resignation by tabling a motion of no confidence in ...

USD/ZAR strengthened on Tuesday as the South African rand weakened as investors awaited the finance ministers announcement on ...

Could South Africa soon be led by a white president? EFF leader Julius Malema warns that if the ANC continues its reckless ...