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South African rand stable after VAT hike withdrawn, markets await budget clarity
The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...
ANC U-turn over tax that threatened South Africa's government
The party of South Africa's President Cyril Ramaphosa has reversed a controversial proposed value-added-tax (VAT) rise that had threatened the country's coalition government.
The South African on MSN44m
SASSA payment dates for May 2025: Could the VAT freeze impact increases?
SASSA has confirmed the April 2025 payment dates amid uncertainty about whether the increases will be withdrawn as the VAT ...
South African rand gains after VAT increase withdrawn
The South African rand gained slightly on Thursday after the finance ministry said it was withdrawing a contentious increase ...
BusinessTech7h
Big question over VAT reversal in South Africa
With National Treasury announcing the reversal of the contentious 0.5 percentage points VAT hike on Thursday (24 April), ...
The South African on MSN11h
VAT Freeze: What it means for the price of basic goods in SA
South Africa's finance minister has officially withdrawn the proposed 0.5 percentage point increase in VAT. What does this ...
News242d
DA, EFF unite against ANC's VAT increase, say it's 'a blunder' set to harm the poor
The DA described the increase as “anti-growth, anti-poor and anti-jobs,” while the EFF slammed the ANC for misleading the ...
BusinessTech1d
Date set for court ruling on VAT hike, and Ramaphosa and Mashatile under threat
Good news at South Africa’s ports: The port of Richards Bay has achieved record volumes in the past financial year, driven by ...