Finance Minister Enoch Godongwana is set to deliver a high-stakes 2025 Budget Speech at 2 PM today—his third attempt to secure parliamentary approval after two failed...
South Africa’s state-owned logistics giant, Transnet, is once again in the financial spotlight — and not for good reasons. Credit rating agency Moody’s has issued a...
The Economic Freedom Fighters (EFF) will stage a “VAT Victory March” in Pretoria on Monday, moving from the Union Buildings to the National Treasury offices. The...
The South African Revenue Service (SARS) is stepping up its tax recovery efforts — and no one with unpaid taxes is being spared. In a bold...
South Africa’s financial markets have finally found a moment to exhale. After months of political wrangling and economic uncertainty, Finance Minister Enoch Godongwana has announced that...
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...
The South African government’s 2025/26 Budget proposal, which includes a phased 2% increase in Value Added Tax (VAT) over two years, has ignited a fierce national...
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...
A major dispute has unfolded surrounding the future of Ithala Bank, a provincially owned financial institution facing liquidation, with the KZN government seeking a R2.2 billion...
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...