South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

South Africa’s National Treasury will scrap a proposed tax increase that threatened to rupture the nation’s coalition ...

Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free ...

South Africa's rand was steady on Friday as investors awaited clarity on a disputed national budget which has roiled domestic ...

Treasury faces credibility test after scrapping VAT hike againCoalition politics complicate budget approval and revenue ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

The Minister of Finance, Enoch Godongwana, will soon formalise measures to reverse the highly contested and reviled VAT hike ...

National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

Here are five other important things happening in and affecting South Africa today: ...

After a fierce public backlash, the National Treasury has scrapped plans to raise VAT on 1 May. Now, the government of ...

South Africa’s coalition government appears likely to remain intact after the National Treasury abandoned a divisive plan to raise taxes and agreed to revise the budget. The Treasury in February ...

Though ‘severely damaged and dented’, it remains possible that the GNU will endure, analyst says. South Africa’s coalition ...