South Africa's rand was steady on Friday as investors awaited clarity on a disputed national budget which has roiled domestic markets. At 1236 GMT, the rand traded at 18.8125 against the dollar , near ...

The South African Revenue Service (SARS) has assured the public that it will ensure it will make adjustments to accommodate the withdrawal of the 0.5% increase in the Value-Added Tax (VAT).

The South African government on Thursday cancelled a proposed tax increase that had threatened to collapse the unity government after a pushback from various political parties. Finance Minister Enoch ...

SOUTH Africans heaved a collective sigh of relief after the government reversed a decision to impose the divisive value added tax (VAT). However, this relief has emerged as a source for parties in and ...

Finance Minister Enoch Godongwana has shrugged off mounting calls for his resignation following a dramatic backtrack on a proposed VAT hike that sent shockwaves through South Africa's fragile ...

While civil society celebrates the cancellation of the VAT hike, they caution that austerity measures may jeopardise ...

The outlook for take-home pay for the future is not that great as global and local political uncertainty start to affect employers.

The DA is not and has never been a pro-poor party, and the fact that it fought against the VAT increase which would have ...

MoneywebNOW looked at credit reports and credit scores, Trumps tariffs that are still in full force, the latest budget ...

Finance Minister Enoch Godongwana maintains that he won't resign, despite calls from opposition parties for him to be axed ...

Political parties were quick to claim victory after the National Treasury’s announcement in the early hours of Thursday, 24 April, that the 0.5 percentage point VAT increase would be scrapped.

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...