With limited options available, the government has placed reliance on increased VAT to raise additional revenue.
The VAT hike wasn’t the only controversial tax proposal in the 2025 Budget 2.0. The National Treasury has announced its ...
On Wednesday (12 March), the National Treasury proposed hiking value-added tax by 1 percentage point by mid-2026, increasing ...
The government of South Africa has increased the carbon offset allowance in its carbon tax, even as it extended the utilisation period for use of older projects until 2028, it announced in a revised ...
National Budget contains one of the single biggest fiscal investments in early childhood development in SA's history.
South Africa's rand gained on Friday due to record high gold prices that were driven by investors seeking safe haven assets ...
JOHANNESBURG (Reuters) - The South African Reserve Bank (SARB) will likely keep interest rates steady at its March 20 meeting ...
But turning this crisis into an opportunity is possible. To mitigate the effects of the funding freeze, Bekker said swift ...
With VAT and electricity going up, South Africans will dig deep into their pockets to make end meets in the coming weeks and ...
JOHANNESBURG: Fitch ratings agency said on Friday that it thought South Africa’s government would struggle to stabilise debt as projected in this week’s revised budget.
South Africa’s 2025 budget is a cautious step toward fiscal stability, with debt peaking at 76.2% of GDP in 2025-26 and a ...
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