With the third and likely final attempt at a national budget due on 21 May 2025, South Africa is at a financial crossroads. According to Busi...
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...
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 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...
A political storm is brewing within South Africa’s Government of National Unity (GNU) after the Democratic Alliance (DA) filed a lawsuit seeking to block the recently...
The 2025 Budget Speech, delivered by Finance Minister Enoch Godongwana, has introduced significant fiscal measures aimed at addressing South Africa’s economic challenges. Among the most debated...
While much of the attention around South Africa’s 2025 budget has focused on headline-grabbing changes like the VAT hike and frozen tax brackets, a series of...
South Africa’s 2025 budget is hanging in the balance as political infighting within the Government of National Unity (GNU) threatens to derail its approval. Finance Minister...
Finance Minister Enoch Godongwana delivered the highly anticipated 2025 Budget Speech, outlining a bold and pragmatic approach to addressing South Africa’s economic challenges. The speech, delivered...