This increase, on top of the upcoming 0.5% VAT hike ... of Earthlife Africa Johannesburg. The increase follows contested public hearings by the National Energy Regulator of South Africa (Nersa ...
South Africans are being robbed in broad daylight – not by criminals on the street, but by their own government's fiscal policies. Finance Minister Enoch Godongwana's 2025 Budget Speech wasn't ...
South Africans are bracing for another financial ... 12.7% on 1 April 2025 - called Fossil Fools' Day by Earthlife Africa. The hike and impending 0.5% VAT increase will force struggling households ...
JOHANNESBURG, March 17 (Reuters) - South Africa's lawmakers will scrutinise ... despite a reduction in the size of the proposed VAT hike from 2 percentage points to 1 point, spread over two ...
Economists say South Africa’s shelved 2025 Budget, which hoped to raise R60 billion-plus in taxes from a VAT hike, may have been doomed from the start. Data compiled by Alexforbes chief ...
South Africa’s biggest political party plans a 0.75 percentage-point increase in value-added tax in a revised national budget this month, warning it will approach groups outside the ruling ...
SOUTH Africa is staring down the barrel of a 2% VAT increase - from 15% to 17% - in what may be the most contentious fiscal decision in recent history. At face value, this hike is about raising ...
March 12, 2025 South Africa's budget remains stuck as parties reject reduced VAT hike A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major ...
marking the first hike since 2018. The increase will be implemented in two stages: 0.5% on 1 May 2025, and another 0.5% on 1 April 2026. While increased spending on education is necessary, many South ...
“The prospect of significantly higher taxes — either via value-added tax hikes or further bracket ... “The souring of diplomatic relations between South Africa and the US and the corrosive ...
South Africa's finance minister unveiled Wednesday ... at the last minute because it included a two-percentage-point VAT hike that was widely rejected. Get any of our free email newsletters ...
JOHANNESBURG (Reuters) - South Africa's lawmakers will scrutinise the ... despite a reduction in the size of the proposed VAT hike from 2 percentage points to 1 point, spread over two years.
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