South Africa’s finance minister wanted to raise VAT

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 citizens.
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.
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 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 value added tax (VAT) from 15% to 17%. VAT is the second biggest contributor to tax collection after personal income tax, followed by corporate taxes.
South Africa Budget Unraveled After a Key Detail Was Kept Secret
South African Finance Minister Enoch Godongwana presented highlights of his upcoming budget to colleagues two weeks ago, but skipped a crucial detail to stop it from leaking — triggering a major fallout in the nation’s coalition government.
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 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 ...
Exploring alternative revenue strategies amid South Africa’s economic challenges
SARS Commissioner Edward Kieswetter raises concerns about proposed tax increases, advocating for better funding and ...
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Coalition bust-up over VAT in South Africa?
South Africa’s ruling coalition, made up primarily of the African National Congress and the Democratic Alliance, is showing ...
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VAT blow to South Africa
US President Donald Trump is escalating his global tariff and trade war, this time targeting countries that charge VAT on ...
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 ...
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 ...