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 ...

For vulnerable South Africans dependent on social assistance, the announcement of a SASSA grant increase in 2025 brings ...

The decision to hike VAT instead of increasing the Health Promotion Levy flies in the face of scientific evidence.

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

The Economic Freedom Fighters and the uMkhonto weSizwe Party said that they do not support the increase in VAT.

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

Divisions over elements of the budget means the finance minister will need support from a range of political parties to get the revamped version approved.

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

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

The Post has obtained leaked photos that show World Bank president Ajay Banga and his team living it up on a private jet.

Mark Carney has won the leadership race for the Liberal Party and is set to become Canada's next prime minister, succeeding ...

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