News

Samuel Agbeluyi, president and chairman CITN, said that the incentive of increasing Value Added Tax (VAT) from 7.5% to 10% ...
After the DA and the EFF went to court Treasury agreed to reverse the VAT hike in a settlement confirmed in court.
This follows a court ruling that reversed the recently proposed value-added tax (VAT) increase. The 1% VAT hike, which was set to be implemented over two fiscal years, was suspended by the Western ...
Finance Minister Enoch Godongwana has rejected calls for him to step down following the controversy over the decision to ...
The ANC backs Finance Minister Godongwana as political tensions rise, calling for a revised fiscal framework that prioritises ...
THE national government’s budget deficit spiked by 75.62 percent in the first quarter of the year due to the sharp rise in ...
As part of its call for the immediate resignation or removal of the disgraced Finance Minister Enoch Godongwana, whose tenure has been marked by fiscal mismanagement, contempt for the poor and loyalty ...
Despite forecasts of a 6p-per-litre drop in petrol prices earlier this month, average prices at the pumps have barely moved ...
Finance Minister Enoch Godongwana said he would table a revised 2025 budget on 21 May to revoke a VAT increase that would ...
Highly unpopular changes to VAT rates for France's self-employed 'micro entrepreneurs' will be suspended until at least 2026, ...
ANC secretary general Fikile Mbalula says while the new budget won’t include a VAT adjustment, the party hopes it will still ...
The minister says he was also encouraged by the passion shown by South Africans who’ve been engaged with the developments ...