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

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

The Democratic Alliance (DA) has welcomed the Western Cape High Court’s decision to suspend the proposed VAT increase, ...

The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...

The Western Cape High Court officially suspended the VAT increase in South Africa, with only a few days to spare. The Court ...

The 0.5 percentage point VAT increase has been suspended. The ruling was made in the Western Cape High Court on Sunday ...

The EFF had argued that the adoption of the fiscal framework by both houses was central in the unlawful process to ultimately ...

The Western Cape High Court's ruling today that a VAT hike must officially be suspended is a victory for all South Africans.In this case brought by the Democratic Alliance (DA), the court's decision ...

The Western Cape High Court has suspended the planned increase in Value Added Tax (VAT), which was set to begin next month, ...

It brings to an end a dispute between the two largest parties in South Africa’s government of national unity over the revenue ...

British luxury brands urge government to reinstate VAT-free shopping for tourists, warning that Trump’s new tariffs could ...

JOHANNESBURG - The High Court in the Western Cape has suspended Finance Minister Enoch Godongwana’s announcement of 0.5 ...