South Africa, VAT and budget

South African budget delay over VAT hike shows cracks in coalition
South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed over raising value-added tax, an unprecedented delay that caused the rand and government bonds to fall.
Understanding the impact of the 2025 Budget address postponement in South Africa
Discover the implications of the unprecedented postponement of South Africa's 2025 Budget Address, as experts weigh in on its potential effects on the economy and taxpayers.
What a 2% VAT hike would mean for the average consumer in South Africa
For the time being, South Africans can breathe a little easier, as the 2% increase would have a short-term negative impact, particularly because VAT applies to most goods and services, raising their costs and putting additional strain on consumers' wallets, he adds.
South Africa's finance minister fails to unveil budget after tax row
South Africa's Finance Minister Enoch Godongwana has been forced to postpone the unveiling of the national budget following sharp disagreements within the coalition government.
South Africa abruptly cancels budget speech over dispute in governing coalition
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalition
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
South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
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. The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%.
South Africa postpones budget speech over tax impasse
AFPSouth Africa on Wednesday indefinitely pushed back the coalition government's first national budget speech to parliament in a shock move following internal pressures over tax hikes.The speech to outline the government's fiscal priorities,
South Africa’s fight over VAT raises a key question: who should bear the burden of taxes?
The important question in a democratic setting is who gets to pay taxes and how they connect to the well-being of its ...
How the proposed VAT hike threatens rural pensioners' survival | Budget 2025
Rural pensioners surviving on R2,190 monthly grants warn that Treasury's proposed 2% VAT increase would devastate their ...
The Citizen2d
Budget 2025: Was the decision to increase VAT by 2% such a bad idea?
Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...
biznews.com2h
Neil de Beer: De Ruyter & Eskom, Cyril & Trump, the GNU & VAT, Corné & the DA- and Cele’s crime legacy
In this latest edition of the Sunday Show, Neil de Beer slams ESKOM’s farcical explanation for how the country was plunged into Stage 6.
Briefly on MSN1d
Moeletsi Mbeki Criticises Proposed 2% VAT Hike, SA Laughs As He Claims ANC Aren’t Pro-poor Anymore
Political analyst Moeletsi Mbeki has weighed in on the proposed 2% VAT hike, saying that the ANC was no longer pro-poor, but ...
Mail & Guardian3d
Proposed 2% VAT hike indicative of a deep fiscal health crisis
The government is struggling to generate sufficient revenue development and deal with the country's debt-to-GDP ratio ...
biznews.com3d
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%.
The South African on MSN2d
‘VAT gaan aan?’ : Nando’s pokes fun at 2% VAT increase fail
Nando's is adding their 'two cents' on the Minister of Finance's failure to implement a 2% VAT increase in his budget speech ...
South African rand stable after volatile week
South Africa's rand was stable on Friday after a volatile week in which it weakened over the last-minute postponement of the ...