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 ...

South Africa's G20 Presidency has established an expert panel, led by Trevor Manuel, to address the urgent debt crisis facing ...

The Treasury secretary is the second top U.S. official not to attend the Group of 20 gatherings because of rising tension with South Africa over ... a meeting of finance ministers and central ...

B udget announcements are rarely memorable events in South Africa. But the statement on March 12th by Enoch Godongwana, the ...

South Africa has entered uncharted waters following deep divisions in the coalition government over the national budget that ...

Finance ministers and central bank chiefs from the Group of 20 developed and developing nations have gathered in South Africa for a two-day meeting CAPE TOWN, South Africa -- Finance ministers and ...

Lawmakers in South Africa have laid out plans to shore up ... was earmarked for health spending in the 2025 budget, Finance Minister Enoch Godongwana said, as the country scrambles to make up ...

As South Africa approaches the highly anticipated ... picture of the country’s economic future, warning that the Minister of Finance faces a difficult and challenging task ahead.

CAPE TOWN, South Africa — Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by ...

U.S. Federal Reserve Chair Jerome Powell, right, chats with a colleague at the G20 Finance Ministers and Central Bank Governors meeting in Cape Town, South Africa, Wednesday, Feb. 26, 2025.