The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...

Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...

The House of Representatives has approved a new VAT sharing formula, allocating 55 percent to states and 35 percent to LG councils.

The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as increasing corporate or personal income tax would do more harm than good.

Take advantage of tax-free savings accounts, medical aid deductions, and retirement contributions to reduce taxable income ...

National budget shows increased infrastructural spend in key property growth hubs against backdrop of disappointing VAT increase.

After charging Canada and Mexico, President Trump’s increased tariffs on the EU have come into effect. Meanwhile, the US administration has issued false claims about the impact of those tariffs. A DW ...

In a basket of 16 major currencies, including the Japanese yen, the euro and the pound, the loonie is wallowing in ...

Visa and MISA have announced a collaboration to empower Vietnamese businesses through comprehensive digital payment solutions ...

South African consumers have been struggling with their finances for many years and even high-income consumers battle to make ends meet.

South Africans were eagerly awaiting Finance Minister Enoch Godongwana’s 2025 Budget Speech, hoping for measures to ease financial pressure. However, the budget presents a mixed bag—while it seeks to ...

The House of Representatives on Thursday considered and adopted the reports of its committee on finance regarding the four ...