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 ...

Parties opposed to tax increases, want plans tabled for economic growth and introduction of basic income grant.

In a positive departure from the norm, the substantive part of the speech focused on local delivery and the role of ...

As Minister Godongwana prepares for his first budget speech, the DA demands immediate economic reforms to tackle unemployment ...

Addressing the media in Cape Town on Tuesday, Steenhuisen said that while the DA was delivering on the ministries it led, the ANC needs to accelerate critical economic reforms.

Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...

The Democratic Alliance (DA) said on Monday it expects Minister of Finance Enoch Godongwana, to focus his budget on ...

Government cuts wage bill: South Africa’s government has drafted an early retirement offer for civil servants as part of an ...

The Minister in the Presidency for Planning, Monitoring and Evaluation, Maropene Ramokgopa, has announced plans to improve institutional effectiveness and enhance the delivery of the Medium-Term ...

Finance Minister, Enoch Godongwana will deliver South Africa’s 2025 National Budget Speech on 19 February 2025 against the ...

Historically, Vat increases have been associated with economic crises. The last hike, from 14% to 15% in 2018, was imposed after state capture under Jacob Zuma. That Vat increase became a defining ...