South Africa recorded a budget deficit of 13.11 billion rand ($704 million) in March, compared with a surplus of 3.36 billion ...

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 ...

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 Jobs Fund has announced a new funding round aimed at innovative projects in green and informal economies. Learn how to ...

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

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

Finance minister Enoch Godongwana is expected to present a revised national budget on May 21, marking an unprecedented ...

The Jobs Fund has announced the launch of a new round for projects with funding of a minimum of R5 million in South Africa’s ...

Finance Minister Enoch Godongwana is set to address the implications of a VAT reversal on South Africa's budget, as ...

National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...