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

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 ...

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.

South Africa's G20 presidency this year will prioritise efforts to help developing countries finance their shift to a low-carbon economy, President Cyril Ramaphosa said, even as the United States ...

Investors will watch Finance Minister Enoch Godongwana ... its worst performance since the pandemic. What Bloomberg Economics Says... “South Africa’s growth will likely accelerate in 2025 ...

CAPE TOWN (Reuters) - South Africa's G20 presidency this year ... just," Ramaphosa said on Wednesday at the opening of a G20 finance ministers and central bankers' meeting in Cape Town.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Africa’s budget was postponed for the first time on Wednesday as tensions inside its coalition ...

CAPE TOWN, South Africa (AP) — The South African government's annual presentation of its budget was abruptly canceled Wednesday and rescheduled for next month over a dispute among parties in the ...

Furthermore, finance minister Enoch Godongwana proposed hiking value-added tax (VAT) from 15% to 17% to help finance South Africa’s ... The amount has since been increased to R370, with ...

Acting President Choi Sang-mok asked U.S. Secretary of the Treasury Scott Bessent to consider Korea's contribution to the U.S ...