Finance Minister Enoch Godongwana reveals that the DA previously supported a VAT increase in Cabinet discussions before ...

Finance Minister Enoch Godongwana revealed this during a joint meeting of Parliamen’t finance committees, where Treasury ...

Godongwana asserted that in a letter to Ramaphosa the DA accepted a 0.5% VAT hike. “The DA has sent a letter to the president accepting the 0.5% in exchange for things which are outside the budget, ...

Proposals in the new 2025 budget increase tax on the salaries of the middle class, and Vat will also still increase.

ANC Secretary-General Fikile Mbalula says negotiations are ongoing to reach a deal that would ensure the passage of the ...

WESTERN CAPE — The Minister of finance, enoch Godongwana, denied that the Democratyic Alliance (DA) submitted proposals for ...

Per Moneyweb, from 1 May, the list of VAT zero-rated food items will be expanded to include edible offal from sheep, poultry, ...

As Finance Minister Enoch Godongwana prepares to unveil the contentious 2025 Budget speech, South Africans await crucial insights on VAT hikes and economic reforms that will shape the nation's future.

Finance Minister Enoch Godongwana has doubled down on the government’s fiscal consolidation efforts by reducing spending from 28.6% of GDP in the 2023-24 financial year to 27.6% in 2024-25.

Being part of a political economy notorious for its world-beating inequality and in a country where Africans are 80% of the population, guarantees that most Africans will be poor. This is Part 2 in a ...

Minister of Finance, Mr Enoch Godongwana, is pleased to announce the appointment of Mr Monale Ratsoma as the Vice-President and Chief Financial Officer (CFO) of the New Development Bank (NDB). The ...