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 to ...

As South Africa braces for the tabled budget this Wednesday, the country's political landscape has again been set alight with speculation. An initial proposed increase in Value-Added Tax (VAT) by two ...

CAPE TOWN (Reuters) - South Africa's cabinet may expand the basket of zero-rated value-added tax (VAT) items after it was hiked by 1 percentage point in last week's budget, the minister of ...

JOHANNESBURG (Reuters) - For South African beverage company owner, Ndumiso Madlala, the impending value-added tax hike could spell trouble for his small-scale business that makes alcoholic ginger beer ...

JOHANNESBURG — The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity government after a pushback from various political parties. Finance ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

Renowned economist Dawie Roodt says that South Africa’s fiscal vulnerability is self-inflicted, rooted in years of weak ...

(Bloomberg) -- South Africa’s biggest political party plans a 0.75 percentage-point increase in value-added tax in a revised national budget this month, warning it will approach groups outside the ...

VAT on the average household food basket now totals about R342 a month. That is more than the cost of a 30kg bag of maize meal, one of the main survival staples. South African families are paying more ...

JOHANNESBURG, March 17 (Reuters) - South Africa's lawmakers will scrutinise the 2025 budget in the coming weeks, with amendments not ruled out as political parties weigh up a contentious plan to raise ...