2025 Budget Speech - A Value Added View
With limited options available, the government has placed reliance on increased VAT to raise additional revenue.
Fitch thinks S.Africa will struggle to stabilise debt as projected in budget
Fitch ratings agency said on Friday that it thought South Africa’s government would struggle to stabilise debt as projected in this week’s revised budget. “South Africa’s 2025 budget, unveiled on 12 ...
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MK Party approaches Progressive Caucus parties to hold joint national shutdown against VAT hike
The party announced on Friday that it’s planning a nationwide protest to demonstrate against government’s 0.5% VAT hike.
South African rand jumps as gold high boosts commodity-backed currency
JOHANNESBURG: South Africa’s rand gained on Friday due to record high gold prices that were driven by investors seeking safe ...