The reversal of the VAT hike benefits South African households but also means the removal of measures to cushion some of the ...

Steel Authority of India Limited (SAIL) filed a writ petition challenging the order passed by the Joint Commissioner of State ...

Finance Minister Enoch Godongwana has confirmed that a new national budget will be presented in parliament on 21 May. The decision to introduce a revised budget comes in the wake of government’s move ...

The budget was postponed in February because of disagreements in the coalition over a plan to increase VAT from 15% to 17% ...

Until a new budget is passed, Departments can spend up to 45% of last year’s budget in the first four months, and 10% each ...

Finance minister Enoch Godongwana will return to parliament in May in his third attempt at getting a budget passed.