The teacher’s union says the increase imposes an additional burden on the majority of South Africans, who are already ...

Finance Minister Enoch Godongwana has pushed ahead with ‘the difficult decision’ to propose a VAT hike in his reworked 2025 Budget Speech delivered yesterday (Wednesday).

South Africa’s budget may be tweaked further as more talks between political parties will try to overcome differences over a contentious plan to raise value-added tax, the country’s finance minister ...

Divisions over elements of the budget means the finance minister will need support from a range of political parties to get ...

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

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

The Economic Freedom Fighters and the uMkhonto weSizwe Party said that they do not support the increase in VAT.

South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a ...

ONE of the biggest issues with the budget every year is that South Africa is not investing in growth-enhancing initiatives with a significant proportion of the budget going to paying off debt and ...

Mixed reactions to South Africa's recent VAT increase, as critics argue it disproportionately affects the poor and working classes, sparking calls for alternative fiscal measures.

South African lawmakers have outlined plans that include a 0.5% VAT increase to fund additional health and defense spending.

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