MPs on Friday had sharp words for Finance Minister Enoch Godongwana on the contentious 0.5 percentage point hike in the VAT ...

With VAT and electricity going up, South Africans will dig deep into their pockets to make end meets in the coming weeks and months.

SARS Commissioner Edward Kieswetter highlights the urgent need to register 100,000 high earners to recover R100 billion in ...

JOHANNESBURG: Fitch ratings agency said on Friday that it thought South Africa’s government would struggle to stabilise debt as projected in this week’s revised budget.

“The South African government destroys approximately R200 billion annually by borrowing long-term and spending it on ...

The ANC has defended its stance on maintaining ministerial perks while supporting a VAT increase, arguing that cutting cabinet benefits would not address South Africa's R2. 7 trillion budget shortfall ...

Fikile Mbalula stated that cutting ministerial perks would not have saved enough to fund the country’s R2.7 trillion budget, ...

As the ANC's proposed Budget heads to Parliament, fierce opposition emerges from the DA, EFF, and other parties, challenging ...

Cabinet has welcomed the 2025 National Budget as it seeks to maintain a balance between South Africa's fiscal framework, fund the priorities of the seventh administration while mitigating negative ...

The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...

South Africans reject the 0.5% VAT hike, as the GNU faces its biggest budget battle yet. The post Budget Speech 2025: VAT ...