South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise ...
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Treasury secretary says there will be return on investment as US spends billions to help aid Ukraine
Treasury Secretary Scott Bessent said President ... enough security guarantees for his country. "I didn’t let the ministers sign a relevant agreement because, in my view, it is not ready to ...
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The 2% VAT hike Treasury kept quiet—And why they pushed for it
Godongwana flagged plans to hike value-added tax, without saying it would raise the rate by two percentage points to 17%.
Rage as ministers treat farmers with utter contempt in ‘heartless’ meeting over tax whack
Rachel Reeves and Labour has been accused of launching an all-out ideological war with farmers as fury over the tax grab ...
Cost of NHI implementation to be revealed by Minister Motsoaledi
Finance Minister Enoch Godongwana emphasises the need for Health Minister Aaron Motsoaledi to outline the costs associated ...
The Citizen4d
Minister amends PFMA to cut red tape for public private partnerships
Public private partnerships are regarded as the lever that will help government to deliver increased economic growth and fix the infrastructure of the country.
South Africa’s budget postponed for first time after cabinet rift
Officials say pro-business Democratic Alliance and senior figures in African National Congress objected to VAT rise ...