JOHANNESBURG (Reuters) -South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of the ruling coalition government. The proposal to ...

Lenders have called for National Treasury to increase the VAT registration threshold in South Africa, which has been stuck at ...

The 2025 Budget Speech delivered by Finance Minister Enoch Godongwana highlighted significant fiscal measures aimed at addressing South Africa’s economic challenges. The budget highlighted the ...

SOUTH Africa is staring down the barrel of a 2% VAT increase - from 15% to 17% - in what may be the most contentious fiscal decision in recent history. At face value, this hike is about raising ...

CAPE TOWN (Reuters) - South Africa's cabinet may expand the basket of zero-rated value-added tax (VAT) items after it was hiked by 1 percentage point in last week's budget, the minister of ...

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

JOHANNESBURG (Reuters) -The South African rand firmed on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar ...

South African President Cyril Ramaphosa said the National Treasury is looking at all options to avoid having to raise value-added tax but that the prospects for escaping such an increase are dim. The ...

South Africa’s biggest political party plans a 0.75 percentage-point increase in value-added tax in a revised national budget this month, warning it will approach groups outside the ruling coalition ...

OpenAI has launched its lower-cost ChatGPT Go service across all African countries, including local currency support in some ...