Analysis - South Africa's finance minister, Enoch Godongwana, cancelled the unveiling of the country's 2025 budget as it was due to be released. The move is unprecedented in the country's history.

South Africa's government postpones a proposed VAT increase, sparking relief and renewed discussions among tourism leaders ...

The ANC is going to be punished once more by the disgruntled electorate in the 2026 local government elections and other ...

Nedbank's chief economist Nicky Weimar outlines a pragmatic approach to South Africa's economic challenges, advocating for ...

The Joint Apparel Association Forum (JAAF) has expressed cautious optimism about Sri Lanka’s 2025 budget, commending its emphasis on export-driven growth, investment facilitation, and economic ...

After weeks of uncertainty, the Senate will today (Monday) commence a public hearing on the tax reform bills.On Tuesday, the House of Representatives will open its doors for stakeholders’ input on the ...

As South Africa's coalition government grapples with a VAT increase that went from a meek 1% to a shocking 2%, the real drama is whether the GNU will survive its first major spat, leaving markets ...

To combat high inflation, the government can go for short-term measures by reducing tariffs and Value Added Tax (VAT) on food imports, which would also help strengthen food security, said Akhter Ahmed ...

Following demands from processed food manufacturers, the National Board of Revenue (NBR) has reduced value-added tax (VAT) on biscuits and cakes by half, lowering it from 15% to 7.5%, according to an ...

South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed ...

The broad rally for the S&P 500 index has continued so far in 2025, with a 2% increase for the large-cap U.S. benchmark index through last week. This has some investors continuing to worry that ...

He’s made clear that includes value-added taxes, or VATs, which is the way most countries—including the entire rich world ...