Finance Minister for South Africa don announce di cancellation of di proposed VAT, in a statement dated 24 April 2025.

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

The finance minister has warned that spending cuts or a rise in other taxes could follow.

In a landmark ruling just days before a scheduled tax hike, the Western Cape High Court has officially suspended SA’s planned ...

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

While all the focus is on the reversal of the VAT hike in South Africa, individual taxpayers are still on the hook for almost ...

The Western Cape High Court has delivered a landmark decision to halt South Africa’s planned VAT increase. The Western Cape High Court delivered a major blow to the government’s tax plans by ...

South Africa’s National Treasury will scrap a proposed tax increase that threatened to rupture the nation’s coalition government. The rand rallied. A bill will be introduced in parliament ...

South African Finance Minister Enoch Godongwana speaks to Bloomberg's Jennifer Zabasajja about the decision by South Africa's ...

The government was looking to increase tax revenues through the VAT increase ... More than 20 million people in South Africa rely on welfare grants, with the unemployment rate at over 32% ...