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

The findings of several tax commissions have suggested that zero-rated items are not an adequate way to reduce the impact of ...

JOHANNESBURG - While the Democratic Alliance (DA) has claimed it's rejected the value-added tax (VAT) increase because it ...

Godongwana, delivering the long-awaited 2025 Budget Speech today, said the VAT rate would increase by half a percentage point ...

Value-added-tax (VAT) will increase by 0.5%, with the government needing to cover a R60 billion budget shortfall. Finance Minister Enoch Godongwana said another 0.5% increase will then be introduced ...

Finance Minister Enoch Godogwana delivered the 2025 Budget Speech in Cape Town after a contentious proposed VAT proposal ...

Finance minister Enoch Godongwana will deliver his speech at 14h00. This is where you can watch, and what to expect.

Following its tabling, the Budget still has to go through four parliamentary committees of the National Assembly and the ...

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

The South African Communist Party strongly opposes Finance Minister Godongwana's proposed VAT increases, arguing they will ...

The current inflation rate is 3.2%. The higher-than-inflation social grant increases are intended to help cushion grant ...

South Africa's cabinet was still meeting on the 2025 budget less than one hour before the finance minister was due to present ...