South Africa’s Finance Minister Enoch Godongwana has stood firm on the controversial 0.5% increase in value-added tax (VAT), scheduled to take effect on May 1, saying...
The African National Congress (ANC) appears ready to abandon its controversial plan to increase South Africa’s value-added tax (VAT) by 0.5 percentage points, following strong resistance...
The Southern African Development Community (SADC) has announced a phased withdrawal of its peacekeeping troops from the Democratic Republic of Congo (DRC), ending the mission that...
As South Africa’s political leaders scramble to finalise the 2025 budget, a fierce debate has erupted over how best to raise revenue—and whether the country can...
South Africa’s 2025 Budget, announced by Finance Minister Enoch Godongwana, presents a critical opportunity for the country to accelerate its transition to renewable energy. With R219.2...
The Democratic Alliance (DA) has expressed frustration with the African National Congress (ANC), accusing its government partner of refusing to sign an agreement on economic growth...
In his recent Budget Speech, Finance Minister Enoch Godongwana introduced a controversial proposal to raise South Africa’s Value Added Tax (VAT) by 1% over the next...
South Africa is teetering on the edge of a financial abyss, with leading economists and policy experts sounding the alarm that the country has run out...
The South African government is under fire for its financial mismanagement, with economist Dawie Roodt revealing that it destroys approximately R192 billion annually by borrowing long-term...
Finance Minister Enoch Godongwana’s announcement of a VAT increase from 15% to 15.5% has sparked widespread concern, particularly among low-income households. Effective May 2025 (pending parliamentary...