Life is a game of pragmatic trade-offs; it was thus a realistic compromise by the Minister of Finance and his budget team to agree to raise the VAT by only 0. 5% in the financial year 2025/26 and by ...

With limited options available, the government has placed reliance on increased VAT to raise additional revenue.

JOHANNESBURG (Reuters) - The South African Reserve Bank (SARB) will likely keep interest rates steady at its March 20 meeting ...

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

The Malawi Under-21 national netball team has to wait for the passing of 2025/26 National Budget to know if they will participate in the Cosana Under-21 Championship in Windhoek, Namibia between May 1 ...

South Africa has entered unchartered waters following deep divisions in the coalition government over the national budget ...

South Africa's budget faces opposition as political parties debate a crucial increase in value-added tax. Finance Minister ...

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

THE number of formal businesses must be 5% (five percent) of the population. This simple equation is not found in textbooks but holds the pathway to solving the question of growth, unemployment and ...

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 ...

South African lawmakers have outlined plans that include a 0.5% VAT increase to fund additional health and defense spending.