The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

SARS has broken down what the reversal in the VAT hike means for businesses, even if the reversal is still not guaranteed.

Parents hit by 25 per cent rise says they're running out of savings they can make. Schools also hit by business rates, ...

South Africa faces a last-minute legal showdown over the controversial VAT hike, with Finance Minister Enoch Godongwana’s ...

Tax experts usually refer to the three Es in taxes – equity, efficiency and ease of administration. A VAT increase, done ...

Meanwhile, the Economic Freedom Fighters (EFF), like the DA, has also escalated its fight filing supplementary court papers ...

They highlighted high interest rates on bank loans, lack of access to finance, higher VAT and tax rates and its complex ...

Parliament has filed a supplementary affidavit to the Western Cape High Court contending that the minister’s powers regarding ...

The Democratic Alliance (DA) has filed a supplementary affidavit in the battle against VAT to block the ANC’s proposed 0.5% ...