THE 2025 Budget maintains fiscal consolidation while acknowledging risks. It supports economic growth through increased infrastructure investment and manages spending pressures with a phased VAT rise ...

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

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

Value-added tax has increase by 0,5 percentage points this year. Another 0,5 next year, will push VAT up to 16 percent by ...

Ordinary South Africans are walking away from the 2025 budget bruised and bloodied. Government not only proposed an increase in the value-added tax (Vat) rate, but their income tax burden has ...

The Federation Account Allocation Committee, FAAC, at its recent meeting chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.703 trillion ...

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

South Africa’s finance minister unveiled Wednesday a budget with a smaller increase in value-added tax than previously ...

Finance Minister Enoch Godongwana delivered the 2025 National Budget Speech on Wednesday (12 March). The budget addressed ...

After another tax freeze on fuel in the original budget, economists say Treasury is likely to sing a very different tune this ...

While the biggest debate from today’s Budget will no doubt centre around the VAT increase, the reality is that the Minister’s ...