The Western Cape High Court ruled that the fiscal framework that Parliament adopted must be set aside, formally suspending a ...

The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...

The court order also suspended the VAT increase until Parliament adopts legislation declaring the withdrawal of the VAT hike ...

It brings to an end a dispute between the two largest parties in South Africa’s government of national unity over the revenue ...

The Democratic Alliance (DA) has welcomed the Western Cape High Court’s decision to suspend the proposed VAT increase, ...

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

In a landmark ruling just days before a scheduled tax hike, the Western Cape High Court has officially suspended SA’s planned ...

The Value Added Tax (VAT) hike will no longer come into effect on Thursday. The Western Cape High court suspended the 0.5% ...

The South African Revenue Service (Sars) has warned consumers to be vigilant of businesses who could charge them a 15.5% value-added ...

The EFF had argued that the adoption of the fiscal framework by both houses was central in the unlawful process to ultimately ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...