Plans to raise South Africa’s value-added tax (VAT) have been abandoned on April 24 by the Finance minister, following ...

SOUTH Africans heaved a collective sigh of relief after the government reversed a decision to impose the divisive value added tax (VAT). However, this relief has emerged as a source for parties in and ...

Anticipation builds as ANC prepares to unveil a significant decision on the contentious VAT increase, amidst ongoing ...

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

USD/ZAR firmed on Thursday as investors awaited clarity on the South Africas budget plans. The proposal to lift VAT by a ...

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

The MK Party criticises the ANC's recent VAT reversal, calling it a deceptive tactic to conceal a failed austerity agenda, ...

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after a pushback from various political parties ...

The Sunday Times newspaper reported that the African National Congress was likely to drop its insistence on a VAT hike in this year's budget after indications that none of the parties it has been ...

Mmusi Maimane's Build One SA met with the ANC on Wednesday to propose alternatives to a 0.5-percentage-point VAT hike. The party's proposals included focusing on economic growth and revenue from ...

The ANC and ActionSA have concluded a “productive” budget meeting, with the key discussion being a mutual commitment to ensure that the 0.5% VAT increase was scrapped before May 1 and did not ...