South Africa is rushing toward a severe financial disaster, with ballooning debt levels, sluggish economic growth, and unsustainable government spending raising alarm bells. According to Efficient...
In a disconcerting turn for South Africa’s fiscal future, Finance Minister Enoch Godongwana’s optimistic forecast for real economic growth in 2025 may be significantly off the...
Finance Minister Enoch Godongwana has firmly rejected calls for his resignation following the government’s decision to reverse a proposed increase in value-added tax (VAT). Despite widespread...
South Africa’s attempt to reverse its planned VAT increase has turned into a legal and economic minefield, as experts warn that Finance Minister Enoch Godongwana’s announcement...
South Africa’s business community has welcomed the government’s decision to scrap the proposed VAT increase—but warns that the fiscal challenges behind the move are far from...
South Africa is teetering on the edge of a financial disaster, according to award-winning economist Dawie Roodt, who warns that ballooning debt and runaway government spending...
The South African government’s decision to walk back a planned VAT increase has left a gaping R75 billion hole in the national budget—one that economists warn...
In a surprise reversal, Finance Minister Enoch Godongwana has confirmed that South Africa’s VAT rate will remain at 15% — a decision that offers relief to...
Finance Minister Enoch Godongwana has officially abandoned plans to raise the Value Added Tax (VAT) rate from 15% to 15.5%—a move initially set for 1 May...
South Africa’s Finance Minister, Enoch Godongwana, has taken a decisive step by shelving the proposed VAT increase originally set to take effect from 1 May 2025....