South Africa’s turbulent 2025 budget saga appears to be heading for resolution, with the Democratic Alliance (DA) confirming it will vote in favour of the Appropriation...
The Congress of South African Trade Unions (Cosatu) has called the 2025/26 Budget a pivotal moment in the country’s democratic journey. While acknowledging ongoing fiscal and...
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...
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...
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 African policyholders are bracing for an increase in their insurance premiums as the local insurance industry grapples with tax hikes and global trade uncertainties. The...
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...
April brings a mixed bag of economic news for small businesses in South Africa. While some positive measures, like fuel price cuts and financial support for...
The Economic Freedom Fighters (EFF) has rejected claims that they were in discussions with the African National Congress (ANC) before filing court papers to challenge the...
President Cyril Ramaphosa has made it clear that the ANC will not allow business leaders or unelected voices to influence its decisions regarding the Government of...