South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%. VAT is the second biggest contributor to ...
The Africa Report24d
South Africa: Coalition forces Finance Minister to postpone budget
South Africa Finance Minister Enoch Godongwana postponed his annual budget address to a joint sitting of Parliament at the last minute in what was a dramatic first in South Africa’s 31-year-old ...
AllAfrica.com23d
South Africa's Finance Minister Wanted to Raise VAT - the Pros and Cons of a Tricky Tax
South Africa's finance minister, Enoch Godongwana, cancelled the unveiling of the country's 2025 budget as it was due to be released. The move is unprecedented in the country's history.