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VAT hike officially suspended in South Africa
The Western Cape High Court officially suspended the VAT increase in South Africa, with only a few days to spare. The Court announced that the VAT increase of half a percentage point on 1 May 2025 and the second half-a-percentage-point increase in April 2026 are suspended.
Malema also called for the resignation of Enoch Godongwana and National Treasury Director-General Duncan Pieterse.
The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...
South Africa’s National Treasury will scrap a proposed tax increase that threatened to rupture the nation’s coalition ...
South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...
Good news at South Africa’s ports: The port of Richards Bay has achieved record volumes in the past financial year, driven by ...
Daily Maverick on MSN6d
Court battle unfolds as DA and EFF unite against controversial VAT increaseThe DA and EFF’s challenge to Finance Minister Enoch Godongwana’s looming VAT increase is being heard in the Western Cape ...
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