The findings of several tax commissions have suggested that zero-rated items are not an adequate way to reduce the impact of ...

Value-added-tax (VAT) will increase by 0.5%, with the government needing to cover a R60 billion budget shortfall. Finance Minister Enoch Godongwana said another 0.5% increase will then be introduced ...

JOHANNESBURG - While the Democratic Alliance (DA) has claimed it's rejected the value-added tax (VAT) increase because it ...

Finance minister Enoch Godongwana will deliver his speech at 14h00. This is where you can watch, and what to expect.

The current inflation rate is 3.2%. The higher-than-inflation social grant increases are intended to help cushion grant ...

After a February delay, Finance Minister Enoch Godongwana tabled the 2025 budget on Wednesday, confirming a VAT hike.

Minister of Finance Enoch Godongwana's budget was rejected in February due to a proposed two percentage point increase in value-added tax.

Finance Minister Enoch Godongwana faces fierce resistance from GNU alliance partners and opposition parties over proposed VAT ...

Many people buy offal to eat because they cannot afford better cuts of meat. Budget 2025 just emphasises the inequality in ...

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority ...

Fikile Mbalula defends the ANC's budget proposal as a progressive step, asserting that it will lead to meaningful ...

Finance Minster Enoch Godongwana Wednesday tabled his budget for the for the 2025/2026 financial year, a month after it was ...