South Africa's National Treasury is looking at alternative revenue-raising options to a value-added tax increase, but the chances of avoiding it are low, President Cyril Ramaphosa said on Sunday.

JOHANNESBURG (Reuters) -South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of the ruling coalition government. The proposal ...

South African Finance Minister Enoch Godongwana sees no alternative to a tax increase at the heart of a budget impasse that is threatening to unravel the country’s governing coalition.. The ...

South African President Cyril Ramaphosa said the National Treasury is looking at all options to avoid having to raise value-added tax but that the prospects for escaping such an increase are dim ...

Dis VAT increase wey South Africa Finance Minister Enoch Godongwana announce for March 2025 during di budget speech cause serious political battle between parties for di coalition govment.

STORY: South African beverage company owner Ndumiso Madlala fears an upcoming VAT hike could hurt his small business, which produces alcoholic ginger beer and soft drinks.To boost revenue, the ...

The OECD suggests South Africa should consider increasing VAT as its rate remains below the organisation’s average and has the potential to broaden the country’s tax base.

It is South Africa’s political-economic structure, its ‘relations of power’, that need transformation, if the objective is to reverse our shameful poverty, unemployment and inequality. This ...