South Africa’s Finance Minister, Enoch Godongwana, has drawn criticism for proposing a 2% increase in Value Added Tax (VAT)—from 15% to 17%—as a...
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President Cyril Ramaphosa has come out in defense of Finance Minister Enoch Gondogwana amid ongoing criticism over a proposed two percentage-point hike in Value-Added Tax (VAT). Speaking on Thursday at the sidelines of the first G20 foreign ministers’ meeting, Ramaphosa emphasized that no finance minister would raise taxes if any viable alternatives existed. Gondogwana has…
South Africa’s Finance Minister, Enoch Godongwana, has drawn criticism for proposing a 2% increase in Value Added Tax (VAT)—from 15% to 17%—as a...
President Cyril Ramaphosa has called an emergency Cabinet meeting on Wednesday afternoon after the DA told Finance Minister Enoch Godongwana it would...
Finance Minister Enoch Godongwana’s budget presentation was pushed back to 12 March after his proposed two-percentage-point increase in Value-Added...
A high-stakes conference call between President Cyril Ramaphosa and coalition party leaders on Wednesday morning laid bare the deep divisions within...
Coalition partners object to a hike in VAT, forcing Enoch Godongwana to postpone his budget speech.
The Democratic Alliance (DA) has launched a petition to oppose the proposed Value Added Tax (VAT) increase, arguing that “South Africa needs more...
Finance Minister, Enoch Godongwana, proposed raising the value-added tax (VAT) from 15% to 17% to address a significant budget deficit. This proposal...
In an unprecedented move, Finance Minister Enoch Godongwana's Budget Speech has been delayed. Follow the blog here for updates.
In an unprecedented move, South Africa’s 2025 budget speech was postponed at the last moment, signalling deep divisions within the Government of...
Single unemployed mothers and pensioners living in Johannesburg have raised concerns about the rising cost of living, questioning how Finance Minister...