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....
As the Democratic Alliance (DA) fights to block a controversial VAT hike in the Western Cape High Court, the Economic Freedom Fighters (EFF) have intensified the...
In a recent interview with Biznews, Roodt argued that a planned 0.5 percentage point VAT increase — set to take effect on 1 May 2025 —...
South Africa’s Finance Minister Enoch Godongwana has stood firm on the controversial 0.5% increase in value-added tax (VAT), scheduled to take effect on May 1, saying...
The African National Congress (ANC) appears ready to abandon its controversial plan to increase South Africa’s value-added tax (VAT) by 0.5 percentage points, following strong resistance...
The Southern African Development Community (SADC) has announced a phased withdrawal of its peacekeeping troops from the Democratic Republic of Congo (DRC), ending the mission that...