69 h. ago High Court Nullifies Parliamentary Approval of VAT Hike, Siding with DA and EFF

National Treasury has been dealt another blow in the value-added tax (VAT) increase saga after the Western Cape High Court ordered that parliament’s adoption of the fiscal framework and VAT increase be set aside. The court made the order on Sunday in the Democratic Alliance (DA) and Economic Freedom Fighters’s(EFF) court challenge to have the… Read More »High Court Nullifies Parliamentary Approval of VAT Hike, Siding with DA and EFF The post High Court Nullifies Parliamentary Approval of VAT Hike, Siding with DA and EFF first appeared on iAfrica.

Events

4 d. ago Godongwana Tables Emergency Bill to Cancel VAT Hike, but Legal Questions Remain

Finance Minister Enoch Godongwana has introduced urgent legislation in Parliament to scrap the impending value-added tax (VAT) increase, set to take effect in just six days. However, the move has sparked legal uncertainty over whether it will be sufficient to halt the hike in time. In an unprecedented step, Godongwana has also withdrawn the two… Read More »Godongwana Tables Emergency Bill to Cancel VAT Hike, but Legal Questions Remain The post Godongwana Tables Emergency Bill to Cancel VAT Hike, but Legal Questions Remain first appeared on iAfrica.

Politics

5 d. ago Rustenburg Municipality facing renewed political uncertainty

Rustenburg Municipality facing renewed political uncertainty following a shift in coalitions.

Politics

5 d. ago Zelenskyy’s SA visit signals new diplomatic, economic ties – Analyst

Kajee is convinced that SA's agricultural sector has the potential to benefit the most

Politics

7 d. ago Sheinbaum says she disagrees with IMF’s negative growth forecast

The fund's updated World Economic Outlook forecast a 0.3% economic contraction for 2025

Politics

8 d. ago EFF Slams VAT Increase as ‘Unconstitutional’, Joins Legal Bid to Halt Implementation

The Economic Freedom Fighters (EFF) has labelled Parliament’s process to adopt the new fiscal framework and value-added tax (VAT) hike as “farcical” and unconstitutional. The party made its case in the Western Cape High Court on Tuesday, intervening in the Democratic Alliance (DA)’s urgent application seeking to halt the VAT increase, scheduled to take effect… Read More »EFF Slams VAT Increase as ‘Unconstitutional’, Joins Legal Bid to Halt Implementation The post EFF Slams VAT Increase as ‘Unconstitutional’, Joins Legal Bid to Halt Implementation first appeared on iAfrica.

Politics

1 week ago Ndlozi Defends Malema, Critiques U.S. Relations, and Addresses Starlink’s Lesotho Launch

Former Economic Freedom Fighters (EFF) spokesperson Mbuyiseni Ndlozi has publicly defended Julius Malema against recent criticisms, while also offering insights into South Africa’s international relations and technological developments in the region. Defense of Julius Malema In response to derogatory remarks made by Patriotic Alliance deputy president Kenny Kunene, who labeled Malema as a “small boy”… Read More »Ndlozi Defends Malema, Critiques U.S. Relations, and Addresses Starlink’s Lesotho Launch The post Ndlozi Defends Malema, Critiques U.S. Relations, and Addresses Starlink’s Lesotho Launch first appeared on iAfrica.

Politics

1 week ago Nelson Mandela Bay hopes Splash Festival will boost local economy

The festival currently underway in Gqeberha is expected to attract significant crowds.

Politics

1 week ago SARB’s halt on SASSA’s gold cards transition sparks uncertainty

SARB’s halt on SASSA's gold cards transition process sparks uncertainty.

Politics

2 w. ago Ramokgopa confident GNU partners will resolve budget impasse

The ANC is under pressure to decide whether to abandon the proposed VAT increase

Politics

2 w. ago Reserve Bank predicts 1.7% growth for local economy despite risks

The bank notes that household spending is expected to underpin economic activity.

Politics

2 w. ago Lamola coordinates trade, economic relations between Russia and SA

The platform is used as a structure to coordinate economic and trade relations between South Africa.

Politics

2 w. ago KZN disaster management teams on high alert following weather warning

KZNl authorities warn residents to be cautious due to a level 4 rain warning.

Events

2 w. ago Gabon’s leader Nguema elected president with 90.35% of vote: Minister

He vowed to diversify the country’s oil-reliant economy.

Politics

2 w. ago EFF Condemns Trump’s “Disingenuous” South Africa Claims Amid G20 Summit Row

The Economic Freedom Fighters (EFF) have sharply criticized US President Donald Trump for citing disputed claims about South Africa’s domestic policies as justification for his potential absence from the upcoming G20 summit. Trump took to his Truth Social platform on Saturday, voicing reluctance to attend the international gathering. He referenced controversial allegations of genocide against… Read More »EFF Condemns Trump’s “Disingenuous” South Africa Claims Amid G20 Summit Row The post EFF Condemns Trump’s “Disingenuous” South Africa Claims Amid G20 Summit Row first appeared on iAfrica.

Politics

3 w. ago Emerging markets to struggle following market turmoil: Expert

Analysts note that emerging markets typically struggle during times of uncertainty

Politics

3 w. ago East London port expansion aims to boost Buffalo City’s economy

The car terminal expansion at the Port of East London aims to enhance the Buffalo City economy.

Politics

3 w. ago ActionSA vows not to partake in GNU unless VAT increase is revoked

The party's statement comes amid growing concerns about the future of the GNU.

Politics

3 w. ago DA should not preside over a budget they did not vote for: Mbalula

Mbalula says the ANC will now reset the GNU and engage with other politicial parties.

Politics

3 w. ago ANC clarifies GNU partner dynamics, dismisses Zille’s narrative

This comes as a rift continues to grow between the two- parties

Politics