News

Finance Minister Enoch Godongwana has scrapped the proposed VAT hike, and while many are celebrating, they're also suggesting ...
The MK Party has filed a motion of no confidence against Finance Minister Enoch Godongwana after he scrapped the proposed ...
South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax ...
Today the Minister of Finance Mr Enoch Godongwana agreed to a court order suspending his decision of 12 March 2025 to increase the VAT rate by 0.5 percentage points.
South African Finance Minister Enoch Godongwana sees no alternative to a tax increase at the heart of a budget impasse that ...
The Western Cape High Court has ordered that finance minister Enoch Godongwana table a new budget after the original budget ...
The MK Party escalates calls for Finance Minister Enoch Godongwana's resignation by tabling a motion of no confidence in ...
Finance Minister Enoch Godongwana has confirmed that South Africa’s VAT will increase by 0.5 percentage points from 1 May ...
The initial proposal to increase VAT by 2% triggered strong backlash from political parties, trade unions, and civil society. Under intense pressure, Godongwana revised the proposal to a 0. 5% hike, ...