The key concern for many was whether the Vat rate would be increased – a widely unpopular proposal that was rumoured to have ...

The Treasury intends to leave fuel levies unchanged to mitigate the inflationary effect of higher petroleum prices. The ...

Real GDP is projected to grow to 1.9% in 2025, down to 1.75% in 2026 and back up to 1.9% in 2027. The higher budget deficit ...

MKP's Luther Lebelo launches scathing attack on South Africa's major banks over alleged discriminatory practices and ...

However, perhaps more alarming is that despite Godongwana hiking taxes, he did not publicly announce significant government ...

The DA rejects the ANC’s tax and chaos budget. 12 March 2025. The DA will not support this budget. The DA made it clear to the ANC in the GNU that we would not support any incre ...

The postponement of the tabling of the Budget three weeks ago was a regrettable, but perhaps an understandable feature of multiparty governance.   The delay has stimulated an unprecedented level of ...

Finance Minister Enoch Godongwana has increased Value Added Tax (VAT) by half-a-percentage point in the 2025/26 financial ...

Finance Minister Enoch Godongwana reveals plans for VAT increases and essential support measures for low-income households in the 2025 Budget Speech.

Finance Minister Enoch Godongwana has increased Value Added Tax (VAT) by half-a-percentage point in the 2025/26 financial ...

In a bid to increase revenue, the government has proposed a phased increase in the value-added tax (VAT) rate, raising it by ...

Opposition parties have rejected Finance Minister Enoch Godongwana’s Budget speech, with the Government of National Unity ...