Business

South Africans on R30,000 a month face a ‘tax’ burden rivaling Europe’s highest earners

Johannesburg – South Africans earning R30,000 a month could see almost half of their income consumed by taxes and... Read more

28 Sep

Business

Who gets to raise VAT? Godongwana takes ministerial powers fight to ConCourt

Johannesburg – Finance Minister Enoch Godongwana is defending the Treasury’s power to change South Africa’s value-added tax (VAT) rate... Read more

28 Aug

Business

How SARS plans to transform VAT compliance through digital technology

Cape Town – The South African Revenue Service (SARS) has proposed a major overhaul of the country’s VAT administration... Read more

18 Aug

Business

Worse than VAT! — MPs slam petrol price punch

Cape Town – Members of Parliament have criticised the National Treasury’s decision to increase the fuel levy, warning that... Read more

25 May, 2025

Business

WATCH | Godongwana won’t quit: ‘Budget process no longer guaranteed under ANC majority’

Cape Town – Finance Minister Enoch Godongwana says he will not resign despite growing pressure over the 2025 budget... Read more

1 May, 2025

Business

WATCH | Revised Budget set for 21 May tabling, says Godongwana

Cape Town – Finance Minister Enoch Godongwana has announced that a new national budget will be presented in Parliament... Read more

30 Apr, 2025

Business

ANC backs Godongwana in VAT hike chaos: ‘No resignation without proof’

Cape Town – The African National Congress (ANC) national spokesperson, Mahlengi Bhengu-Motsiri, has defended Finance Minister Enoch Godongwana against... Read more

29 Apr, 2025

Business

Court ruling SAVES South Africans from VAT hike – SARS reacts!

Cape Town – The South African Revenue Service (SARS) has welcomed a court ruling that suspends the previously announced... Read more

28 Apr, 2025

Business

Court cracks down on VAT: Minister’s announcement not enough, lawmakers must act

Cape Town – The Western Cape High Court has ordered that the planned 0.5% VAT increase be suspended until... Read more

28 Apr, 2025

Business

‘You can’t undo VAT with a letter’ – Godongwana in hot water as EFF declares Budget war

Cape Town – Economic Freedom Fighters (EFF) leader Julius Malema says Finance Minister Enoch Godongwana cannot simply reverse the... Read more

27 Apr, 2025