According to di budget speech presentation by di finance minister, govment go increase VAT by half-a-percentage point for di ...

South Africa's National Treasury on Wednesday proposed a smaller hike in value-added tax in a revised budget aimed at ...

The DA, the second largest party in the GNU has already indicated that they would not support the current budget in its ...

Finance Minister Enoch Godongwana announced a VAT increase of 0.5 % this year, which will raise an additional R28 billion in ...

Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...

Trade union Solidarity has described Treasury’s proposal to increase value-added tax by 1% over the next two years as ...

National Treasury will soften the VAT hike by implementing it over two years, bringing the rate to 16% in 2026. Personal ...

While government defends the VAT increase, critics say it will hurt the poor, worsen debt, and strain the healthcare system.

A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority ...

SMMT argues the move would convert ‘electric sceptics’ and boost plug-in registrations by 15%, helping manufacturers achieve ...

Godongwana's new proposal will raise the VAT rate to 15.5 percent and add 28 billion rand to the fiscus in this financial ...