Finance Minister Enoch Godongwana cannot escape the VAT chaos, with the 2025 budget being left to a high-stakes numbers game in Parliament that the minister might not win.

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

Trade union Solidarity has described Treasury’s proposal to increase value-added tax by 1% over the next two years as ...

South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a ...

Analysts say Finance Minister Enoch Godongwana’s budget is a balancing act that won’t drive economic growth, with VAT hikes ...

A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...

JOHANNESBURG - While the Democratic Alliance (DA) has claimed it's rejected the value-added tax (VAT) increase because it ...

The fact that a Vat increase has been imposed on the people of South Africa makes no sense if it does not come with decisions ...

The Democratic Alliance said the budget would struggle to pass in parliament, given the ANC’s lack of a majority ...

South Africa’s finance minister said he’ll enlist support from a range of political parties to get his revamped budget ...

Some political brinkmanship is probably about to be played out, despite all the seemingly high-minded objections to the VAT hike.

Finance Minister Enoch Godongwana announced a VAT increase of 0.5 % this year, which will raise an additional R28 billion in ...