JOHANNESBURG (Reuters) -South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of the ruling coalition government. The proposal to ...

South Africa to raise public officials’ salaries by 3.8-4.1% from April Increases come amid fiscal constraints and modest economic recovery COSATU criticises move as VAT rises to 16% South African ...

Renowned economist Dawie Roodt says that South Africa’s fiscal vulnerability is self-inflicted, rooted in years of weak ...

JOHANNESBURG — The South African government on Thursday canceled a proposed tax increase that had threatened to collapse the unity government after a pushback from various political parties. Finance ...

As South Africa braces for the tabled budget this Wednesday, the country's political landscape has again been set alight with speculation. An initial proposed increase in Value-Added Tax (VAT) by two ...

CAPE TOWN (Reuters) - South Africa's cabinet may expand the basket of zero-rated value-added tax (VAT) items after it was hiked by 1 percentage point in last week's budget, the minister of ...

JOHANNESBURG (Reuters) -The South African rand firmed on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar ...

(Bloomberg) -- South Africa’s biggest political party plans a 0.75 percentage-point increase in value-added tax in a revised national budget this month, warning it will approach groups outside the ...

VAT on the average household food basket now totals about R342 a month. That is more than the cost of a 30kg bag of maize meal, one of the main survival staples.