The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...

The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity ...

The Western Cape High Court officially suspended the VAT increase in South Africa, with only a few days to spare. The Court ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

The Minister of Finance, Enoch Godongwana, will soon formalise measures to reverse the highly contested and reviled VAT hike ...

The hike was also opposed by the biggest trade union federation, the Congress of South African Trade Union (Cosatu), which is in alliance with the ANC. Even the head of the government's tax agency ...

The South African rand strengthened in early trade on Thursday after the finance ministry said it was withdrawing a ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

National Treasury's proposed 0.5% Value-Added Tax (VAT) increase is expected to be withdrawn when Finance Minister Enoch ...

South Africa's finance minister drops plan to increase value-added tax (VAT), in a major climbdown to prevent the collapse of the coalition government. 10,000 illegal settlers reportedly removed from ...

South Africa’s National Treasury will scrap a proposed tax increase that threatened to rupture the nation’s coalition ...