The decision of National Treasury to increase VAT by 2% took many experts by surprise as this kind of increase is regarded as regressive as it would cause many other increases, such as higher ...
The social grant increases may provide some relief, they ultimately fall short of addressing the financial pressure resulting ...
Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...
The 2025 budget had proposedstrategic investments to achieve faster economic growth, focusing on electricity, rail, water and ...
The budget speech was postponed at the eleventh hour because the ANC’s partners in the Government of National Unity (GNU), are opposed to the proposed 2% increase in VAT, a move that would see a hike ...
In an unprecedented move, South Africa’s 2025 budget speech was postponed at the last moment, signalling deep divisions ...
Government of National Unity prepares for crucial budget discussions as Finance Minister Enoch Godongwana aims to address tax ...
Godongwana flagged plans to hike value-added tax, without saying it would raise the rate by two percentage points to 17%.