News

Finance Minister Enoch Godongwana has scrapped the proposed VAT hike, and while many are celebrating, they're also suggesting ...
The MK Party has filed a motion of no confidence against Finance Minister Enoch Godongwana after he scrapped the proposed ...
Today the Minister of Finance Mr Enoch Godongwana agreed to a court order suspending his decision of 12 March 2025 to increase the VAT rate by 0.5 percentage points.
South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax ...
The initial proposal to increase VAT by 2% triggered strong backlash from political parties, trade unions, and civil society. Under intense pressure, Godongwana revised the proposal to a 0. 5% hike, ...
The Western Cape High Court has ordered that finance minister Enoch Godongwana table a new budget after the original budget ...
The MK Party escalates calls for Finance Minister Enoch Godongwana's resignation by tabling a motion of no confidence in ...
South African Finance Minister Enoch Godongwana sees no alternative to a tax increase at the heart of a budget impasse that ...
Finance Minister Enoch Godongwana has confirmed that South Africa’s VAT will increase by 0.5 percentage points from 1 May ...
The Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates ...