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 ...
In a significant policy reversal, the South African Treasury announced on Thursday that it will no longer proceed with the planned 0.5% increase in Value Added Tax (VAT), which was scheduled to take ...
South Africa’s 2025-6 budget has been subjected to more comment than usual. This is due to the political tensions generated by a proposed increase in value added tax (VAT). South Africa’s choices on ...