The South African Communist Party strongly opposes Finance Minister Godongwana's proposed VAT increases, arguing they will ...

Finance Minister Godongwana's proposed VAT increases could severely impact 36 million South Africans living in low-income ...

South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...

South Africa's rand weakened on Thursday as the dollar recovered some ground after recent losses, a day after South Africa's ...

Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...

South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a ...

A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already unstable SA economy.

South Africa's cabinet was still meeting on the 2025 budget less than one hour before the finance minister was due to present ...

South Africa has entered unchartered waters following deep divisions in the coalition government over the national budget ...

South African lawmakers have outlined plans that include a 0.5% VAT increase to fund additional health and defense spending.

South Africa's budget faces opposition as political parties debate a crucial increase in value-added tax. Finance Minister ...

Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...