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South Africa Weighs Budget Changes

IOL on MSN · 17h

How South Africa’s proposed 16% VAT rate compares to other countries around the world | Budget 2025

Explore how South Africa's proposed 16% VAT rate stacks up against global standards and what it means for consumers.

Reuters on MSN · 1d

South Africa's budget remains stuck as parties reject reduced VAT hike

A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political parties, even though a proposed increase in value-added tax was sharply reduced.

The South African on MSN · 19h

How a 0.5 percent point VAT increase will squeeze South Africans

A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already unstable SA economy.

BusinessTech13m

Good news for South African taxpayers

Budget, tabled by Finance Minister Enoch Godongwana on Wednesday, 12 March, is good news for South African taxpayers.

1don MSN

South Africa plans to spend more on health and defense after US cuts aid

Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...

12hon MSN

VAT hike sparks criticism: corporate interests vs public welfare

Leading political analyst Dr. Metji Makgoba criticises government's proposed VAT increase to 16%, arguing it reflects a ...

13hon MSN

South African rand slips as markets focus on budget talks

South Africa's rand weakened on Thursday as the dollar recovered some ground after recent losses, a day after South Africa's ...

Jacaranda FM14h

VAT increase 'carefully considered' – Mbalula

African National Congress Secretary General Fikile Mbalula says the proposed increase in value-added tax was a carefully ...

14hon MSN

Black Sash criticises Enoch Godongwana's 2025 Budget for neglecting South Africans

Advocacy group Black Sash has criticized Finance Minister Enoch Godongwana’s 2025 Budget Speech for proposing a VAT increase ...

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