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

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

It brings to an end a dispute between the two largest parties in South Africa’s government of national unity over the revenue ...

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...

The Value Added Tax (VAT) hike will no longer come into effect on Thursday. The Western Cape High court suspended the 0.5% ...

The court order also suspended the VAT increase until Parliament adopts legislation declaring the withdrawal of the VAT hike ...

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

SARS has confirmed that it will implement Finance Minister Enoch Godongwana’s decision to reverse the planned 0.5% increase ...

The Western Cape High Court has suspended the planned increase in Value Added Tax (VAT), which was set to begin next month, ...

The South African Revenue Service (Sars) has warned consumers to be vigilant of businesses who could charge them a 15.5% value-added ...

The EFF had argued that the adoption of the fiscal framework by both houses was central in the unlawful process to ultimately ...