SARS Commissioner reveals that just 570 wealthy individuals contribute nearly half of South Africa's R8 billion tax revenue, ...

South Africa's Finance Minister, Enoch Godongwana, has announced a 0.5% increase in Value Added Tax (VAT) for the current ...

Budget Speech faces backlash as critics label the proposed VAT increase and unadjusted tax brackets as a betrayal to struggling households. What does this mean for the future of the economy?

The Senate passed a six-month spending bill on Friday, hours before a government shutdown, overcoming sharp Democratic ...

South Africa's rand gained on Friday due to record high gold prices that were driven by investors seeking safe haven assets ...

Fitch ratings agency said on Friday that it thought South Africa's government would struggle to stabilise debt as projected ...

Musk himself has admitted on more than one occasion that he left South Africa in part to avoid compulsory military service, ...

The South African Cabinet has welcomed the 2025 National Budget, which aims to balance the country's fiscal framework, fund ...

Discover how South African experts are reacting to the 2025 Budget Speech, highlighting concerns over VAT increases, youth ...

Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax ...

ONE of the biggest issues with the budget every year is that South Africa is not investing in growth-enhancing initiatives with a significant proportion of the budget going to paying off debt and ...

AGAINST a backdrop of substantial economic risks – including fiscal weakness, external volatility, and pressing social needs, Finance Minister Enoch Godongwana delivered what was clearly a “compromise ...