The ANC has defended its stance on maintaining ministerial perks while supporting a VAT increase, arguing that cutting ...

The 0.6% increase in South Africa’s gross domestic product (GDP) in the fourth quarter of 2024 signals a recovery across the ...

CAPE TOWN (Reuters) - South Africa's cabinet was still meeting on the 2025 budget less than one hour before the finance ...

The agreement comes as South Africa’s ruling coalition is embroiled in a diplomatic crisis over laws that the US says ...

Cabinet has welcomed the ruling by the Republic of Malawi’s Chief Resident Magistrate Court that Shepherd and Mary Bushiri be ...

(Bloomberg) -- South Africa’s cabinet will back a value-added tax increase in exchange for a commitment from the National Treasury to review spending and fast-track economic growth, according to ...

Finance Minister Enoch Gondongwana considered scrapping the SRD grants to avoid a tax hike, but many think the salaries of ...

The cabinet mandated Godongwana to select from those options in a manner that takes into account South Africa’s fiscal ...

The process was marked by tension, as Cabinet members recognized the budget's far-reaching impact on South African families. Earlier proposals, including a 2% VAT increase, were rejected due to ...

The budget stand-off is unprecedented in South Africa, which has been ruled by a grand coalition since July when Ramaphosa’s ...