Most big parliamentary parties rejected Finance Minister Enoch Godongwana's revised budget on Wednesday, despite it scaling ...

CAPE TOWN, South Africa (AP) — 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 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 ...

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

South Africa’s finance minister will make a second attempt at presenting an acceptable budget to a fractious coalition ...

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

Finance ministers and central ... in the G20 in favor of his “America First” policy, the Trump administration has been openly critical of South Africa and its priorities.

Life is a game of pragmatic trade-offs; it was thus a realistic compromise by the Minister of Finance and his budget team to agree to raise the VAT by only 0. 5% in the financial year 2025/26 and by ...

Cape Town, South Africa: The UAE, represented by the UAE Ministry of Finance and the Central Bank of the UAE, participated in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting ...

Finance Minister Enoch Godongwana's 2025 Budget Speech promises to reshape South Africa's economic landscape amidst rising ...

Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...