South Africa’s business community has welcomed the government’s decision to scrap the proposed VAT increase—but warns that the fiscal challenges behind the move are far from...
South Africa is teetering on the edge of a financial disaster, according to award-winning economist Dawie Roodt, who warns that ballooning debt and runaway government spending...
The South African government’s decision to walk back a planned VAT increase has left a gaping R75 billion hole in the national budget—one that economists warn...
In a surprise reversal, Finance Minister Enoch Godongwana has confirmed that South Africa’s VAT rate will remain at 15% — a decision that offers relief to...
Finance Minister Enoch Godongwana has officially abandoned plans to raise the Value Added Tax (VAT) rate from 15% to 15.5%—a move initially set for 1 May...
South Africa’s Finance Minister, Enoch Godongwana, has taken a decisive step by shelving the proposed VAT increase originally set to take effect from 1 May 2025....
As the Democratic Alliance (DA) fights to block a controversial VAT hike in the Western Cape High Court, the Economic Freedom Fighters (EFF) have intensified the...
In a recent interview with Biznews, Roodt argued that a planned 0.5 percentage point VAT increase — set to take effect on 1 May 2025 —...
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...